5132 Longmont 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%.
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 9, 2022 | Sold | ||
| Sold | |||
| Oct 25, 2021 | Listed by Compass RE Texas, LLC Memorial | $1,475,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
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Timeless custom built home in Tanglewood area gated complex. Designed by Joe Carroll Williams and interiors by Herbert Wells. Meticulous attention to detail was given to the construction of the home. Gracious entry with winding staircase. Gourmet island kitchen with all high-end appliances, granite counters, and hidden appliance storage and baking center. Inviting family room with fireplace and custom built-ins. Central bar with slate countertops, refrigerator, and ice maker, perfect for entertaining! Formal dining and living rooms. Storage closet and separate silver closet lined with pacific cloth. Large primary suite with fireplace and coffee bar. Primary bath has separate vanities, water closets, and walk-in closets. Secondary bedrooms with en-suite baths. Two patios, both with water features, slate pavers and irrigation system. Two car garage with additional parking. Two utility rooms and an abundant amount of storage. Recently installed elevator and more. A must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017