5 Tanglewood Circle #5
About This Property
The manager has listed the unit size as 2597 square feet.
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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%.
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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 30, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed | $415,000 | |
| Listed | |||
| | |||
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Nestled in the beautiful hills of Monroe, CT, the Northbrook Condominium Complex has a spacious 151-acre property that boasts woodlands, open fields, and 5 ponds, walking trails winding through woods and meadows, two swimming pools, tennis courts, and a clubhouse for parties and special events. This nicely maintained Westminster model is located in the middle of all this beauty. 5 Tanglewood has some updates including an updated kitchen with stainless steel appliances, tile counter tops, additional cabinetry with a built in eating counter, newer flooring on first floor, The Dining Room and Living Room are open to one another with a ceiling that is open to above. Main floor primary bedroom suite, private bedroom and full bathroom on the upper floor, finished lower level with cedar closet and enclosed three season porch complete this townhouse. Bonus Room on second floor. Central A/C, natural gas heat. Tons of storage. District Tax amt is quarterly.
| |||
| Dec 24, 2021 | No longer available | - | |
| No longer available | |||
| Nov 20, 2021 | Relisted | $400,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/27/2024
|
2 Bed
|
3 Bath
|
1723 ft²
|
$415,000
2 Bed
3 Bath
1723 ft²
|
$415,000
12/30/2024
|
Richelle Ward
Coldwell Banker Realty
| |
|
07/07/2021
|
2 Bed
|
3 Bath
|
2597 ft²
|
$400,000
2 Bed
3 Bath
2597 ft²
|
-
-
|
Cisco Borres
Re/Max Right Choice
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017