5 Cottonwood Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Mar 18, 2024 | Sold | ||
| Sold | |||
| Jan 30, 2024 | In contract | - | |
| In contract | |||
| Jan 30, 2024 | Relisted | $759,000 | |
| Relisted | |||
| Jan 22, 2024 | In contract | - | |
| In contract | |||
| Jan 19, 2024 | Listed by Redfin Real Estate | $759,000 | |
| Listed by Redfin Real Estate | |||
| | |||
|
Fantastic Splanch with beautiful curb appeal and ideal mid-block location. This meticulously maintained home boasts a range of desirable features that make it truly stand out. As you enter through the front porch, you'll be greeted by sun-filled rooms adorned with crown molding and cathedral ceilings. The interior showcases a formal dining room, and the kitchen is equipped with modern appliances, including a Whirlpool stove and fridge. The large bedrooms offer comfort and ample space, while the updated bathrooms add a touch of luxury. The property sits on a flat rectangular 1/4 acre lot, providing a generous and fenced yard for outdoor activities. A 400 sqft trek deck extends the living space outdoors to the 16X34 in-ground pool. Enjoy the convenience of professional landscaping and an in-ground sprinkler system. This home is energy-efficient, featuring 6-year-old vinyl siding and 7-year-old owned solar panels. With gas/hot water distributed across 3 zones. The 200 amp service ensures reliable power supply throughout. For added convenience, the property includes a 1-car garage and two sheds for storage. A separate basement entrance provides easy access to the finished basement. Don't miss the opportunity to make this your forever home!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017