5015 Newport Court
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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 |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | Listed by Keller Williams Woodlands | $1,349,000 | |
| Listed by Keller Williams Woodlands | |||
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FABULOUS custom home nestled on a 1 acre, CUL-DE-SAC lot with a private GATED entry and 6' wrought iron perimeter fencing! Enjoy the RESORT-STYLE backyard retreat with a HEATED POOL/SPA, an abundance of travertine paver decking & a covered patio with fireplace & full summer kitchen w/gas grill! The professional landscaping in front/back is absolutely captivating! Impressive entry with solid iron double doors and a wood-paneled accent dome ceiling! Large study off of entry with wood floors and closet; spacious family room with spectacular view of backyard; Chef's kitchen with massive island and THERMADOR appliances; & Primary bedroom with doors to back patio. Upstairs features 3 bedrooms; elevated/"step-up" game room, and a MEDIA room with tiered seating! Shutters throughout most of home! EASY/SHORT ACCESS in/out of neighborhood! LOW Property tax rate & no MUD tax! Enjoy access to neighborhood amenities: pool, clubhouse w/exercise room, basketball/tennis courts, baseball field, & more!
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About Benders Landing Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017