5 Banyan Road
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2023 | Listed by Water Pointe Realty Group | $1,249,000 | |
| Listed by Water Pointe Realty Group | |||
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Charming 5BR , 3.5BA CBS home on elevated lot in Indialucie area of Sewall's Point. Perfect home and neighborhood for families, includes a 2 car garage with work shop, circular drive. The entryway showcases stained glass with palm tree etchings, inviting you into a living room highlighted by a classic wood-burning fireplace. Modern kitchen with Samsung SS appliances, granite countertops, large island, and passthrough to the patio. Family room w/ sliding pocket glass doors provides natural light and opens to a covered patio, pool/spa. Powder baths for guests. Main BR on 2nd floor features balcony, walk-in closet, double vanity, & sizable shower. 1st floor has 4 nice sized BR's and 2.5 baths. 2 1st floor Br's can be modified to a large main BR. Laundry room offers a versatile space for potential craft room. 2-zone ACs both replaced in 2021. Rare Sewall's Point home on sewer. Features include impact windows, hardwood flooring, crown molding, new outdoor fans, and freshly painted (2022).
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| Jun 10, 2021 | Sold | ||
| Sold | |||
| Feb 8, 2021 | Listed by Propertio | $799,900 | |
| Listed by Propertio | |||
| Nov 20, 1996 | Sold | ||
| Sold | |||
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About Sewall's Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017