5 TURF Avenue
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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.
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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 |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | In contract | - | |
| In contract | |||
| May 20, 2023 | Listed by Julia B Fee Sothebys Int. Rlty | $4,300,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Rare new construction in highly desired private setting on Milton Point, tucked away on a quiet lane, offering a close-to beach, school and park lifestyle! Offering bright natural light throughout and accentuated and built with the finest materials and finishes by Shoreline Project. Wide doorways allow for seamless flow between all living spaces. Open concept chef's kitchen/family room with center island seating, custom cabinetry, quartzite counters, professional grade appliances, and adjacent Butlers Pantry offers easy entertaining. The family room features a stone fireplace, custom built ins and glass doors that open to the level yard and spacious terraces featuring a second fireplace, creating the quintessential indoor /outdoor lifestyle for alfresco dining, entertaining or quiet relaxation. The primary suite features a vaulted ceiling, two custom fitted walk-in closets, and a spa-like primary bath in white stone with dual vanities. Three additional bedrooms, two baths and a convenient second floor laundry room make everyday living easy. The finished lower level offers both spacious recreation and fitness rooms as well as a fifth bedroom with an en-suite bath, plus space that could be a dedicated wine room. This 2023-2024 new construction home is one you don't want to miss, offering an attractive beach/town lifestyle. Buyer to pay NY transfer tax. Rye has the lowest effective tax rate in Westchester County and is a short 45 minute commute to Grand Central Station.
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| Jan 31, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017