50
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5135 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 |
|---|---|---|---|
| Oct 23, 2026 | Listed by RE/MAX Integrity | $3,500,000 | |
| Listed by RE/MAX Integrity | |||
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2023 | Listed by Martha Turner Sotheby's International Realty | $2,850,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Robert Dame-designed Modern Spanish home, a twist on classic Spanish Revival architecture. Clean lines, neutral color palettes, layered textures, & natural materials. Cantera stone/stucco exterior; Portuguese tile roof; asymmetrical floorplan; soaring ceilings down/up; enormous arched picture windows; plaster wall cladding; travertine floors; bifurcated mahogany staircase; mahogany woodwork, including baseboards; fossiliferous limestone accents; hand-applied gold leaf. Open, airy reception gallery flows into double living rm w/ 2-faced fireplace, media cabinet, glass doors to rear loggia & side deck; main staircase hall; & dining room. Professional-grade gathering kitchen; butler’s pantry/catering station; breakfast rm open to family rm w/ 22-ft ceiling. Primary suite w/ 2 balconies, sumptuous travertine-clad bath w/ frameless-glass shower, air tub, luxurious custom closets. En suite bedrms, flex rm. Return staircase; summer kitchen/dining; pergola; saline pool; privacy wall.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017