5 Rip Van Winkle Lane
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 |
|---|---|---|---|
| Jun 2, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Listed by Martha Turner Sotheby's International Realty | $2,495,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| |||
|
A rare opportunity to begin building immediately in highly sought-after Bunker Hill Village, tucked away at the end of a quiet, exclusive cul-de-sac. The offering includes a full set of permitted architectural plans, allowing construction to start right away. Fully permitted plans available if the buyer is needing to be in before the start of the 26/27 school year. Surrounded by mature trees and served by award-winning schools and the Memorial Villages Police Department, this exceptional setting offers the perfect foundation for your dream home. Contact the listing agent for additional details or to schedule a private showing.
| |||
| Jul 1, 2025 | Listed | $2,400,000 | |
| Listed | |||
| | |||
|
This incredible opportunity to start building right away in the highly sought after Bunker Hill Village, and at the end of a Cul-de-sac is very rare. The sale includes a full set of permitted plans so construction can begin right away and occupancy can be achieved by next summer. With award winning schools, the Memorial Villages Police Department and the mature trees and setting that the Memorial Villages is known for, there is no better place to build your dream home. Contact the listing agents for more information or to schedule a showing.
| |||
| May 8, 2025 | Listed | $2,400,000 | |
| Listed | |||
| | |||
|
This incredible opportunity to start building right away in the highly sought after Bunker Hill Village, and at the end of a Cul-de-sac is very rare. The sale includes a full set of permitted plans so construction can begin right away and occupancy can be achieved by next summer. With award winning schools, the Memorial Villages Police Department and the mature trees and setting that the Memorial Villages is known for, there is no better place to build your dream home. Contact the listing agents for more information or to schedule a showing.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017