5454 Wabash Way
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 |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Price Decreased |
$1,835,000
↓ $75K
(3.9%) | |
| Price Decreased | |||
| May 11, 2024 | Price Increased |
$1,910,000
↑ $75K
(4.1%) | |
| Price Increased | |||
| Apr 26, 2024 | Listed by Porchlight Real Estate Group | $1,835,000 | |
| Listed by Porchlight Real Estate Group | |||
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Welcome to this stunning, custom residence built by Parkwood Homes and located in the heart of Central Park. Situated on an oversized, 9,653 square-foot lot, the exterior includes an inviting wraparound porch, custom water feature, outdoor fireplace, and summer-ready outdoor kitchen. The luxurious interior features inspiring designer additions and upgrades, from hand-scraped engineered oak floors to soaring, 10-foot ceilings. At the heart of the home is a grand kitchen with two islands, Viking appliances, an abundance of 42-inch cabinets, quartz countertops, an oversized pantry, as well as a butler's pantry with cooling drawers. With over 6,200 square feet of living space, there are plenty of bedrooms and baths for residents and guests alike, including an optional third-floor retreat and your expansive primary sanctuary with a sprawling walk-in closet adjacent to laundry. This is a uniquely gorgeous home you must experience to truly appreciate. Schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017