5432 Bent Tree Drive
About This Property
This French-style estate with distinctive exterior features like arched windows, stone balustrades, and beautiful brickwork is truly special. The entryway has stunning marble floors and a sweeping staircase with iron railings. Step into the formal dining room to admire the beautiful touches like a starburst chandelier and gorgeous wood parquet floors. The spacious family room features wood beams and skylights accenting the vaulted wooden ceiling. The kitchen boasts European appliances with a built-in banquette and island. The luxurious primary bedroom has an ensuite spa bath with dual vanities, double walk-in closets, a towel warmer, and abundant storage. The beautiful gilded staircase leads to a private loft with a safe room. The outdoor space includes a pool, an attached spa, and a charming casita with a kitchenette.
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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 |
|---|---|---|---|
| Nov 28, 2023 | Sold | ||
| Sold | |||
| Sep 26, 2023 | Listed by Allie Beth Allman & Assoc. | $1,800,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
| Apr 18, 2019 | No longer available | - | |
| No longer available | |||
| Dec 12, 2018 | Listed | $1,099,000 | |
| Listed | |||
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The home has been vacant for a while and needs substantial work but; the quality built into this original French Chateau style home is evident from the moment you enter the beautiful courtyard. A slate roof covers all 8K sqft, and copper gutters line the home to protect it from the elements. The pool and amazing cabana are visible from all common rooms and most of the 5 bedrooms, including the downstairs master. With a little work, the kitchen could be expanded to become a chef's dream! Sitting on over half an acre, with many mature trees and on one of the most sought-after streets in Bent Tree; the value already built into this home is one of the best in the city. The manager has listed the unit size as 7933 square feet.
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| Sep 15, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017