5 Robert Drive #13
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 26, 2022 | Sold | ||
| Sold | |||
| Oct 9, 2020 | Listed by Cormier Properties | $1,250,000 | |
| Listed by Cormier Properties | |||
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NEW FURNISHED MODEL IS OPEN THIS WEEKEND...Introducing Frenchman's Reserve at the Andover Country Club...NEW CONSTRUCTION at it's absolute finest and ready for you to tour! Quality exudes throughout these beautifully appointed townhouse condominiums. Relax and work from home in the tranquil setting overlooking the majestic trees and natural greenery surrounding the manicured fairway. Gourmet kitchen, laundry room, bright living/dining area and main bedroom all on the first floor. Mid-level family room with gas fireplace leads to en-suite bedroom and open loft area with bathroom on second floor that can be converted to a third bedroom. Open and bright walk-out lower level provides space for many options...home office, home theatre, gym, game room, additional bedroom, work shop. Inviting paver patio off lower level extends living space to the fresh outdoors. Elevators available in certain units. This unit is near complete.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/11/2022
|
3 Bed
|
5 Bath
|
-
|
$1,550,000
3 Bed
5 Bath
|
-
-
|
Distinctive Realty Group
RE/MAX Partners
| |
|
10/09/2020
|
2 Bed
|
5 Bath
|
4040 ft²
|
$1,250,000
2 Bed
5 Bath
4040 ft²
|
$1,200,000
-4.00%
10/26/2022
|
Annette DeVito
Cormier Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017