4944 E Crescent Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $2,788,880 | |
| Listed | |||
| | |||
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This jaw-dropping, multi-family estate in the prestigious community of Peralta Hills, will amaze you. Privately gated with a grand entrance and impressive motor court, accented with stone water fountains, it boasts 10 bedrooms,11 bathrooms, plus a den, two offices, game room and a deluxe movie theater with surround sound, stage, sound-proof walls/door, bar area and private entrance. The grand entry opens to dual curved wrought iron staircases and vaulted ceilings with skylights bringing in a rush of natural light. The open floor plan flows from room to room including two formal living rooms with fireplaces, a comfortable family room, a bright and airy breezeway, sitting room, guest quarters and several Master suites. One side of the home features a separate wing which can be closed off for multi-generational living, with a full kitchen, 4 bedrooms including 2 master suites, separate laundry area plus an office. Both kitchens feature granite countertops, stainless steel appliances and center islands. An elevator makes moving through this expansive home easier, while numerous spacious closets and a large butler's pantry provide ample storage. Lavish design touches are evident throughout like crystal chandeliers, stately pillars, crown molding and much more. The manager has listed the unit size as 11700 square feet.
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| Oct 24, 2018 | Listed by Seven Gables Real Estate | $2,788,880 | |
| Listed by Seven Gables Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017