5 TARANTO LN
About This Property
Approaching the house, you'll be greeted by a paved walkway leading to the beautiful front door. Upon entering, a hallway reveals a guest bathroom adjacent to two bedrooms. The bathroom features a shower with ceramic tile extending to the ceiling, as well as exquisite large plank floors, an elegant vanity, and a window that bathes the space in natural light.
Towards the back of the house, a captivating sunroom awaits, adorned with custom ceiling millwork and a tall ceiling fan. From there, you can step into the backyard, which boasts a remarkable paved porch with steps-a perfect setting for enjoyable barbecues surrounded by privacy landscaping. There also is a recently done water well, installed at a cost of $3,000, to conserve water for the sprinkler system. Additionally, the house is connected to the public water supply.
Noteworthy features of this home include an electric tankless water heater, specially ordered Bali blinds throughout the first floor, and luxurious wood-like flooring throughout the main level. The gourmet kitchen is a standout, with its stunning granite countertops, extra-deep stainless steel sink, soft-close 42-inch white cabinets, a stylish hood above the oven, a pantry with pull-out drawers, and custom millwork. Wainscoting and other unique touches adorn much of the first level, adding to the overall charm. A spacious formal dining room complements the impressive living space. The master bedroom boasts two walk-in closets and a spacious bathroom, while the front bedroom delights with a beautiful round bay window. Upstairs, you'll find another bedroom, a bathroom, and a loft/living room. The property also includes a two-car garage and many additional features that make it truly special.
It's worth noting that this home has been used for only five months of the year, resulting in minimal wear and tear. Furnishings are available for purchase,
Enjoy an active lifestyle at our stunning facility with an indoor and outdoor pool, club activities, billiard tables and full-size gym for your relaxation and year round enjoyment!
Don't miss the opportunity to see this remarkable property-schedule an appointment today and prepare to be impressed! Owner is a NJ licensed Real Estate Agent.
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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 |
|---|---|---|---|
| Aug 18, 2023 | Sold | ||
| Sold | |||
| Jul 16, 2023 | In contract | - | |
| In contract | |||
| Jun 23, 2023 | Price Decreased |
$695,000
↓ $70K
(9.2%) | |
| Price Decreased | |||
| Jun 12, 2023 | Listed by Long & Foster Real Estate, Inc. | $765,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Aug 4, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017