5 Farley Drive
About This Property
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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%.
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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2023 | In contract | - | |
| In contract | |||
| Oct 25, 2023 | Listed by Century 21 North East | $2,455,000 | |
| Listed by Century 21 North East | |||
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Presenting our newest Luxury home: 6,500 Sq ft opulent residence nestled on Ridgewood Estate's cul-de-sac. This home promises a symphony of luxury, boasting expansive windows framing your private oasis, gleaming hardwood floors, lofty 9ft ceilings, top -notch appliances and Quartz countertops. The Custom cabinetry and under-cabinet lighting adorn the chef's kitchen, while a grand foyer extends a gracious welcome. On the second floor, the Master suite creates a personal haven with a cozy siting area and fireplace, spa-like master bath, and, most notably, a generously sized Custom walk-n-closet, you'll also find an expansive laundry room and 3 roomy bedrooms with walk -in closets and bathrooms, two of which share a convenient Jack n Jill arrangement!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017