5507 Lynbrook Drive
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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 |
|---|---|---|---|
| Sep 27, 2022 | Sold | ||
| Sold | |||
| Aug 10, 2022 | Listed by Martha Turner Sotheby's International Realty | $4,100,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Gracefully situated on a large corner lot, 5507 Lynbrook Drive is a stately home with an enduring style and impeccable finishes throughout. Framed by a canopy of majestic oak trees, the brick exterior features stone details, beautiful proportions, and a slate tile roof. The inviting foyer has a Savaria hydraulic elevator and opens to the living areas, which have refined millwork and wide plank hardwood floors. A handsome study has one of four fireplaces, and there is a gallery overlooking the outdoor living room and large back yard. The island kitchen adjoins the family room and features Wolf and Sub-Zero appliances, a butler's pantry, bar, and a decanting wine room. On the second floor, the primary bedroom has a sitting area plus an exercise room / nursery and an exquisite bath with two separate walk-in closets. There are four additional bedrooms with en suite baths, plus game room and media room upstairs. Summer kitchen, 3 car garage, gated motor court with additional parking.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017