5546 Honor 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%.
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by Martha Turner Sotheby's International Realty | $595,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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This home is in the highly desirable, resort-styled neighborhood of Twin Lakes in the Energy Corridor which provides a 24-hour manned entrance. This executive home offers an inviting curb appeal with its architectural detailing and stately facade. Upon entering the home, one is welcomed into an elegant two-story foyer which displays a stunning chandelier. The first-floor Primary Bedroom is oversized and enjoys an en suite with a soaking tub, separate shower, double vanity, and large walk-in closet. The Family Room is anchored by a beautiful fireplace with a marble surround. Three Secondary Bedrooms are upstairs along with two bathrooms and a Game Room. Step outside to a private oasis with lush landscaping and a sparkling pool inviting you to cool off. This refined home combines luxury, comfort, and functionality for an exceptional living experience. Neighborhood amenities include tennis courts, a playground, parks, a pool, and breathtaking lake vistas. This is a "must see" home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017