5614 Cedar Creek 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 |
|---|---|---|---|
| Mar 28, 2022 | Sold | ||
| Sold | |||
| Jan 17, 2022 | Listed by Martha Turner Sotheby's | $3,499,000 | |
| Listed by Martha Turner Sotheby's | |||
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This charming and meticulously maintained French, custom home boasts high-end custom finishes, open chef's kitchen & living, and designer details throughout. Grand foyer is flanked by modern formals with an abundance of natural lighting. Plenty of large walls for art displays. Entry leads to downstairs family room and kitchen with ample working island, professional grade Sub-Zero, Wolf, and Bosch appliances. Backyard features a beautiful, covered loggia with summer kitchen, pool/spa, and impeccable landscaping. First story is complete with exquisite study, custom bookshelves, coffered ceiling, and wood paneled walls. Primary suite indulges with spacious bedroom and sitting area with fireplace, marble-clad bathroom and dual closets. En-suite baths with all second story bedrooms and additional private guest suite with kitchenette. Sizable game room with wet bar and attached media room. Oversized 3-car garage with plenty of storage and additional washer/dryer connections. Welcome home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017