5013 Cedar Creek Drive
About This Property
designed by the coveted Robert Dame. Situated on a large, fenced lot, the owners enjoy the
spacious covered outdoor veranda,resort style pool&grass area. Stunning reception hall
w/stone floor & 27' domed ceiling. Gallery of French doors leading impressive dining rm &
walk-in wet bar. Gourmet chef's kitchen was refreshed by current owners & boasts a huge
gathering island for entertaining & seating+a spacious breakfast rm & intimate family rm.
Private 2-story home office has built-in partner's desk. Exquisite primary suite has
luxurious spa style bath w/double sinks & vanities, large jetted tub, separate shower &
commode rms, customized large walk-in closets+coffee bar. Add'l light-filled bdrms w/soaring
ceilings, refined finishes & en-suite baths. Covered outdoor 2nd flr patio can be fully
enclosed. Lavish 3rd flr guest suite w/full bath. Elevator & home generator installed.
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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 |
|---|---|---|---|
| Oct 1, 2021 | Sold | ||
| Sold | |||
| May 28, 2021 | Listed by Douglas Elliman Real Estate | $2,080,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Fabulous Villa in exclusive private, gated enclave in desirable Tanglewood/Huisache Acres
designed by the coveted Robert Dame. Situated on a large, fenced lot, the owners enjoy the
spacious covered outdoor veranda,resort style pool&grass area. Stunning reception hall
w/stone floor & 27' domed ceiling. Gallery of French doors leading impressive dining rm &
walk-in wet bar. Gourmet chef’s kitchen was refreshed by current owners & boasts a huge
gathering island for entertaining & seating+a spacious breakfast rm & intimate family rm.
Private 2-story home office has built-in partner’s desk. Exquisite primary suite has
luxurious spa style bath w/double sinks & vanities, large jetted tub, separate shower &
commode rms, customized large walk-in closets+coffee bar. Add’l light-filled bdrms w/soaring
ceilings, refined finishes & en-suite baths. Covered outdoor 2nd flr patio can be fully
enclosed. Lavish 3rd flr guest suite w/full bath. Elevator & home generator installed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017