5 Sandy Creek 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 |
|---|---|---|---|
| Apr 23, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | Listed by Dwell Realty | $895,000 | |
| Listed by Dwell Realty | |||
| Jun 21, 2023 | No longer available | - | |
| No longer available | |||
| Jun 20, 2023 | Price Decreased |
$990,000
↓ $100K
(9.2%) | |
| Price Decreased | |||
| May 25, 2023 | Listed by Dwell Residential LLC | $1,090,000 | |
| Listed by Dwell Residential LLC | |||
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Experience unparalleled luxury in this one-of-a-kind custom-built 2005 Parade Home by Sam Clark. From the impeccable main house to the stunning guest house and captivating backyard, prepare to be amazed at every turn. The main house boasts 5bedrooms, 5.5 baths, a gourmet kitchen, formal dining, 2 laundry spaces, 3 fireplaces (including 1 in master bathroom),plantation shutters, and exquisite wood craftsmanship throughout. The inviting entryway leads to an open living space with a wood-burning stone fireplace, creating a warm and cozy ambiance. The gourmet kitchen features accent lighting and GEMonogram appliances. The large downstairs master suite offers backyard access, spacious closets with a laundry area, double sinks, and a luxurious bathtub. Upstairs, you'll find a second living room/game room and additional bedrooms. The meticulously landscaped .78-acre lot showcases a heated saltwater pool, LED lighting, a rock waterfall, and flagstone decking, creating a backyard straight out of a magazine. The guest house features a wonderful porch, wood beam ceilings, a fireplace, an open concept design, and beautiful finishes throughout. Recent additions include a whole home generator, new A/C systems, updated landscaping, a new pool pump and system, new ice maker, updated LED lighting in both homes, and pre-paid lawn care. Don't miss the opportunity to witness the grandeur and elegance of this remarkable property firsthand. Come see why the less than 10 homes on this exclusive cul-de-sac drive rarely come on the market! The manager has listed the unit size as 5888 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017