5035 Cattail Lane
About This Property
Step inside and be immediately impressed by the open layout, flooded with natural light that creates an inviting atmosphere. The high ceilings and stylish LVP (engineered hardwood) flooring throughout add a touch of modern elegance while maximizing the sense of space.
The heart of this home is the kitchen - a culinary enthusiast's delight. Whether you are meal prepping for the week or flipping pancakes on a lazy Sunday morning, this kitchen is ready for all your gastronomic adventures. Features include 20+ cabinets in kitchen (plenty of room), a sizeable pantry, new microwave and oven (2024), upgraded dishwasher and refrigerator that conveys.
After a long day, retreat to your private oasis - the fenced backyard. It's the ideal spot for outdoor entertaining, family BBQs, or simply relaxing under the stars by your fire pit. And for those with little ones, the nearby neighborhood playground is a bonus!
Sellers willing to offer up to $3,000 in concessions for the buyer's choice (paint, carpet, home warranty, etc.) for solid offers! HVAC yearly maintenance will be performed prior to closing. Receive 1% rate reduction for 12 months when using seller's preferred lender.
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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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | Listed by Keller Williams Realty | $330,000 | |
| Listed by Keller Williams Realty | |||
| Jul 28, 2017 | Listed | $159,900 | |
| Listed | |||
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East Town Mall exit to Washington Pike. From super Target go 6 miles to Shipe Road on right, 2/10 mile left on Bud Hawkins, go 2/10 mile to Stonecreek S/D on right, Cattail on right, house on right. The manager has listed the unit size as 1412 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017