5 Tall Pines 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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Coldwell Banker Realty Portsmouth NH | $829,000 | |
| Listed by Coldwell Banker Realty Portsmouth NH | |||
| Dec 15, 2022 | Sold | ||
| Sold | |||
| Oct 25, 2022 | Listed by KW Coastal and Lakes & Mountains Realty | $685,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
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Beautifully Renovated, Amazing Location! Nestled in the picturesque Tall Pines neighborhood, you will discover this wonderful property that has been beautifully renovated throughout! As you come down the private driveway and step inside, it feels like you’re in a brand new home with almost everything updated, including the kitchen, all three bathrooms, flooring, paint, lighting, the roof and so much more! At the heart of this home is the gorgeous new kitchen with granite counters, tile backsplash, counter seating and a wine fridge! The kitchen is open to the dining area and the family room, creating the perfect space for entertaining family and friends or watching the big game! The main level also has a spacious living room with large windows and a beautiful fireplace and a heated 3-season porch with new glass sliders that overlooks your private backyard - the perfect spot to relax at the end of each day! Upstairs, you will find the Primary Suite with a gorgeous new bathroom featuring a large double vanity and walk-in tile shower! There are also three more bedrooms upstairs (with the option for a Home Office)! This impressive home also includes a full workshop with a Dust Collection machine and all the power tools you could ever dream of! Other highlights include Central A/C, a Whole House Generator, a must-have Mudroom and so much more! This special property abuts Stevens Park, with 20 acres of fields, tennis courts and a playground! Welcome Home to 5 Tall Pines!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017