5568 Longmont Drive
About This Property
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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 |
|---|---|---|---|
| Dec 22, 2021 | Sold | ||
| Sold | |||
| Jun 21, 2021 | Listed by Martha Turner Sotheby's | $3,650,000 | |
| Listed by Martha Turner Sotheby's | |||
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No expense was spared in the recent construction of this 4 bed, 5.2 bath Italian palazzo situated proudly on a coveted block of Tanglewood. Rich, earthen textures found in limestone floors, venetian plaster, and carved stone underlie its grandeur, while high-tech amenities—home theater, elevator, swimming pool, commercial grade gym with steam room and juice bar, Wolf/SubZero kitchen appliances, and loggia with summer kitchen—are of only the best quality. The primary bedroom suite features a stone fireplace, 14 ft. ceilings, and cove lighting; a marble bathroom with freestanding tub and separate facilities; and a huge Programme Martin closet. Walls, ceilings, and cabinetry in the library are made of carved wood; backlit onyx illuminates the first-floor bar; and an expansive top-floor balcony sees 360 degrees around. Attached to the home is a 3-car garage.
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About Westside
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,950 /mo
- 3 Beds
- 3 Baths
- 1,882 ft²
$10,000 /mo
- 4 Beds
- 2 Baths
- 2,629 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017