5032 Rockledge Drive
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%.
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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 25, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed by HUNT Real Estate Corporation | $1,289,900 | |
| Listed by HUNT Real Estate Corporation | |||
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Welcome to this classic Distinctive Home with brick front & curved driveway in Spaulding Lake !! This gem boasts 5,500 sq ft with a full walkout basement, pool, and is sited on 1.57 acres! Walk in to the lovely 2 story foyer with stunning staircase, living room with fireplace and large formal dining room, sunroom with incredible views of the private yard and pool - Great room with 2nd fireplace has newer (2024) hardwoods and is off of the kitchen - Gourmet, fully applianced, eat-in granite kitchen with island, has a Sub Zero refrigerator, newer Wolf cooktop and double wall ovens (2024), walks out to a stunning deck with built in grill and refrigerator overlooking the pool - The rear yard boasts total privacy ! 2 half baths on the first floor - rear 2nd staircase - 1st floor office/den also with newer hardwoods (2024)- Hardwoods are on both 1st & 2nd floors (except one bedroom) - 3 of the four bedrooms have en-suite baths- Primary en-suite has a balcony overlooking pool and yard - The walk out basement with new flooring (2024) has a large finished area for entertaining, full bath and is ideal after swimming! - Pool with hot tub and waterfall is a dream, pool heater 5/22 - Full tear off roof 9/23 - updated mechanicals - garage furnace 9/22 - whole house generator- too much to mention! Spaulding Lake amenities include, lake privileges, club house, tennis/pickleball courts, tot lot, kayak and small boat storage & a walking path around lake - Offers, if any, due 5/23 at noon - Open house 5/18 1-3.
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| Sep 12, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017