5 Shady Tree Lane
About This Property
The professionally designed resort style yard offers a covered porch and outdoor kitchen, patio, in-ground salt water Gunite pool, oversized spa, cabana, and 28ft integrated water slide.
Interior highlights include a welcoming two-story foyer with wrought iron railings, a two-story family room with fireplace and back staircase to the 2nd floor, elegant formal dining and living rooms, 1st floor bedroom/office with built-ins, all appointed with extensive decorative moldings, coffered ceilings and impeccable hardwood flooring.
The gourmet kitchen features a large center island, stainless steel appliances, granite counters, and separate dining area with sliders leading to the covered porch.
Relax in the primary suite, a private sanctuary that features vaulted ceilings with a separate sitting area, his/her walk-in closets and an ensuite with double sinks, large shower and jet tub. The beautiful Princess Suite and Jack & Jill bedrooms feature vaulted ceilings and two recently renovated bathrooms.
A fully finished basement complements this home with a half-bath, walkout access to outdoor covered porch and kitchen, a dedicated play room, bonus all purpose room and an abundance of space for endless possibilities and storage.
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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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by Keller Williams Realty Central Monmouth | $1,899,000 | |
| Listed by Keller Williams Realty Central Monmouth | |||
| Dec 16, 2022 | Sold | ||
| Sold | |||
| Aug 31, 2022 | Listed by Robert DeFalco Realty Inc. | $1,699,999 | |
| Listed by Robert DeFalco Realty Inc. | |||
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Spectacular colonial situated on 1.37 acres in private cul de sac w/professionally designed landscaping & resort style yard. Enter the soaring 2 story foyer w/wrought iron railings, custom architectural millwork & impeccable HWFs throughout. Spacious kitchen with oversized windows allowing abundance of light w/sliders to covered patio and outdoor kitchen. Open floor plan w/sunken 2 story coffered ceiling FR w/WB-FPL. Home office w/custom built-ins. Stunning MSTR. BDRM w/accent wood beams. ADDL BEDRMS with vaulted ceilings. FIN BSMT w/BR & walkout access to outdoor KIT/Cov. Porch area leading to DET.CABANA, SALTWATER GUNITE POOL with 28FT WATERSLIDE & oversized circular HOT TUB! Central vac, generator, radiant heat, and MUCH MORE TO SEE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017