5605 Independence Avenue
About This Property
Leading from the foyer you step into large great room that includes a living room with a wood burning fireplace, custom bookshelves large windows leading to a deck overlooking mature garden and more river views, a dining area room plus a separate semicircular library/sitting room with windows all round. Radiant heat floors as you enter an open modern kitchen, with two sinks, two dishwasher, two ovens, with eat-in area under a stunning skylight, sliding doors to a patio for enjoying your morning coffee in an ultra-private garden with a custom water fall that flows through a garden area, allowing for an amazing sight and wonderful tranquil sounds. The lower level consists of three bedrooms, three full baths, one of the bedroom offers a private suite with walk in closet and semicircular sitting room and private bathroom. This level also has a den/fitness with a full bath with a patio that opens to the garden. There a large laundry room/utility room that completes this level, with an extra storage room for all your needs. The upper level of this home features a gorgeous main bedroom suite with multiple walk-in closets with skylights and extra sink, En-suite bathroom with soaking tub and large shower, and private patio to enjoy incredible views plus a home office. There is an additional room on this level ideal for a nursery or a second home office and has its own private deck overlooking the river. The backyard offers more privacy with views and a hot tub overlooking it all! Conveniently located in close to Metro North, express buses, schools, shopping and restaurants and 20 min drive to midtown Manhattan. This home is truly a rare find in NYC. Additional Information: Amenities:Marble Bath,Soaking Tub,Stall Shower,ParkingFeatures:4+ Car Detached,
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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 |
|---|---|---|---|
| Oct 24, 2022 | Sold | ||
| Sold | |||
| Sep 8, 2022 | In contract | - | |
| In contract | |||
| Apr 11, 2022 | Listed by Douglas Elliman Real Estate | $2,495,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017