5529 Descartes Circle
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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.
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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 22, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | Listed by KW Innovations | $775,000 | |
| Listed by KW Innovations | |||
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Welcome Home to your move-in ready 4 BR w/ LOFT (could be 5th BR) & 3 FULL BATHS pool home in Le Palais! A full bedroom located on main flr includes a full bath-perfect for guests/mother-in-law. Pool & back yard are ready for your next party w/ covered patio, screened lanai & spacious side yard for the kids & dogs! Lots of surprises thru-out this home incl 2019 Roof, 2017 Lennox A/C's w/ 2020 coils/evap., 2020 resurfaced pool, 2021 pool pump, updated 2nd BA, kitchen w/ black LG stainless app., granite, oak wood cabs, bamboo thru-out first flr, stairs & second flr landing, crown molding thru-out first flr. Generous size bedrooms w/ luxury vinyl flooring. Ext paint 2019, complete Accordian hurricane shutters and impact garage door.
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| Jun 6, 1996 | Sold | ||
| Sold | |||
| Aug 5, 1993 | Sold | ||
| Sold | |||
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About Tartan Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017