5016 Tangle Lane #A
About This Property
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Relisted | $1,595,000 | |
| Relisted | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by Compass RE Texas, LLC - Houston | $1,595,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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This exquisite 4-bedroom, 4.5-bath residence is tucked away in a private, gated enclave in Tanglewood. Indoors, a grand entryway leads to both the formal dining room and an expansive living space. French doors seamlessly merge the indoors and outdoors where there are two spacious patios and an outfitted summer kitchen for effortless outdoor entertaining. The gourmet kitchen features top-of-the-line stainless steel appliances, ample cabinetry, and an elegant dry bar. Upstairs, the primary suite is complete with a cozy fireplace, walk-in closet, and a luxurious spa-like bathroom. Additional highlights include a third-floor game room, a flexible home office or study, and three spacious secondary bedroom suites. This home also offers a host of conveniences, including an elevator, laundry room with an abundance of custom cabinets, powder room, oversized two-car garage, generator, and built-in sound system. Set in a prime location, this property perfectly balances seclusion with convenience.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/11/2024
|
4 Bed
|
5 Bath
|
5375 ft²
|
$1,595,000
4 Bed
5 Bath
5375 ft²
|
$1,595,000
11/22/2024
|
Mike Mahlstedt
Compass RE Texas, LLC - Houston
| |
|
08/02/2022
|
4 Bed
|
5 Bath
|
5375 ft²
|
$1,997,500
4 Bed
5 Bath
5375 ft²
|
$1,845,000
-7.63%
09/30/2022
|
Dee Dee Guggenheim Howes
Compass RE Texas, LLC - Houston
| |
|
05/17/2022
| |
4 Bed
|
4 Bath
|
5747 ft²
|
$1,997,500
4 Bed
4 Bath
5747 ft²
|
-
07/18/2022
|
Dee Dee Guggenheim Howes
Compass RE Texas, LLC
|
|
04/09/2021
| |
4 Bed
|
4 Bath
|
5747 ft²
|
$1,849,000
4 Bed
4 Bath
5747 ft²
|
-
06/04/2021
|
Dee Dee Guggenheim Howes
Compass RE Texas, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017