5016 Tangle Lane #A
About This Property
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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 |
|---|---|---|---|
| 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 | |||
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