5 Monica Way
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 |
|---|---|---|---|
| Mar 11, 2024 | Sold | ||
| Sold | |||
| Feb 13, 2024 | In contract | - | |
| In contract | |||
| Jan 31, 2024 | Price Decreased |
$1,699,000
↓ $26K
(1.5%) | |
| Price Decreased | |||
| Jan 25, 2024 | Listed by Michelle Larnard Real Estate Group LLC | $1,725,000 | |
| Listed by Michelle Larnard Real Estate Group LLC | |||
| | |||
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This exquisite NEW CONSTRUCTION home in Marshfield Hills, is the LAST PROPERTY available in this private 5-home neighborhood! This custom home is ready for occupancy and showcases classic details, top-of-the-line finishes, and modern luxury. Meticulously designed, the expansive open floor plan offers both comfort and functionality. Home chefs will fall in love with the high-end kitchen - a focal point of the home with its 10' center island, 36" SS appliance package, quartz counters, and tile backsplash. The luxurious primary suite delights with its Juliette balcony, tranquil soaking tub and glass enclosed shower. This home prioritizes energy efficiency, features gorgeous millwork, white oak floors, high ceilings, large windows, and so much more! Easily expand into the unfinished 3rd floor walkup attic and walkout basement with 9' ceilings. Opportunity abounds on the generous, fully irrigated, 1-acre lot with treetop OCEAN VIEWS of Humarock/S. River and potential for future pool!
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| Jan 22, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017