36
Map
5530 Piping Rock 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 |
|---|---|---|---|
| Sep 14, 2021 | Sold | ||
| Sold | |||
| Jun 18, 2021 | Listed by Prag Realtors | $339,900 | |
| Listed by Prag Realtors | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 5, 2018 | Sold | ||
| Sold | |||
| May 14, 2018 | Listed | $219,900 | |
| Listed | |||
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Spacious, free-standing 3/2 home with one and a half car garage. Located on a premium, quiet cul-de-sac lot with lush landscaping and golf course views. Floor plan conducive to entertaining. Vaulted ceilings and new, custom skylight bring lots of light to the home. Huge screened patio has view of golf path and canal. Master suite has two over-sized walk-in closets, dressing area and a wall full of built-ins that provide an abundance of storage. Enjoy relaxing in the kitchen/breakfast area while you take in the tranquil view. Roof replaced in 2016/17. New electrical panel. Walk to community pool. Pet friendly. Manned gate provides extra security. Indian Spring Golf and Country Club membership is optional. The manager has listed the unit size as 1800 square feet.
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About Indian Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017