505 TURNBERRY Lane
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 |
|---|---|---|---|
| Mar 10, 2023 | Sold | ||
| Sold | |||
| Nov 3, 2022 | Listed by WATSON REALTY CORP | $1,250,000 | |
| Listed by WATSON REALTY CORP | |||
| Jan 25, 2017 | Sold | ||
| Sold | |||
| Sep 7, 2016 | Listed by WATSON REALTY CORP | $949,000 | |
| Listed by WATSON REALTY CORP | |||
| Nov 21, 2015 | Listed by WATSON REALTY CORP | $999,000 | |
| Listed by WATSON REALTY CORP | |||
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Elegant Features. Impeccable Design. Expertly Built. Located in Marsh Creek Country Club overlooking a tranquil lake, this poured concrete Dream Home boasts a large gourmet kitchen; cozy family room; a stunning living room with soaring ceilings; an expansive master suite with views, sitting area and oversized closets; a saltwater pool and spa with a summer kitchen; a 3 car garage and so much more. Plus the home is built of Insulated Concrete Form construction, which is engineered for 250 mile winds and designed for energy efficiency. The owners have taken outstanding care of this home with many recent improvements. Call for a list of features or to schedule a private tour!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017