53 Tranquility Road
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Listed by Q Home Sales | $999,000 | |
| Listed by Q Home Sales | |||
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Welcome to Tranquility Road! Rarely does a lakefront home like this come up for sale. A true 5 bedroom 3 bath mid-century modern home located on a quiet street in Wesley Hills and on a LAKE with fabulous views all year round of the Ramapo Mountains. This house will make you feel like you are vacationing all the time. Natural light streams though huge windows everywhere focusing on the views and nature, sliders to a full deck across the entire house, natural wood on the ceilings creating the cabin feel, floating circular staircase to lower walk out level to fenced, landscaped yard with stunning inground pool, and path to a dock for the kayaks and swans, specimen planting including a Japanese maple, blooming annuals, "smoke" trees, and so many more. Other features include 2 semi-circular windows in the kitchen, 2 fireplaces, a master bedroom with a walk in closet, full bath and windows looking south and west offering sunset views, a generator, updated bathrooms, hardwood floors, new rubber roof, redwood siding, high ceilings, lots of closets, 2 car garage and a large driveway. This is a winner!
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| Aug 4, 2014 | Sold | ||
| Sold | |||
| Mar 31, 2014 | Listed by Q Home Sales | $535,000 | |
| Listed by Q Home Sales | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017