5321 Sugar Hill 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%.
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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 12, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by BHGRE Gary Greene | $2,225,000 | |
| Listed by BHGRE Gary Greene | |||
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This stately, Tanglewood home offers 5 bedrooms + study, 4 full bathrooms, 2 half baths, attached 3 car garage (oversized), porte-cochere & resort-style pool. Ideally situated between Woodway & San Felipe, the property offers easy commute throughout Galleria as well as to-&-from the Energy Corridor & Downtown. Formal living & dining, butler's pantry, wet bar, & open sight-lines from kitchen to family room make entertaining a breeze! The chef's kitchen has stone floors, upgraded cabinetry, 2019 counters &backsplash, a huge pantry+butler's pantry, double ovens, spacious island,& breakfast area. All beds are upstairs. 2 of the secondary beds have private baths, the other 2 share a jack-&-jill bath w/separate vanities. All secondary baths feature 2019 granite counters. The master retreat offers his-&-her closets, luxurious bathroom w/steam shower, & balcony! The laundry is located upstairs. Large den/game room provides add family space.Attic offers immense storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017