5648 Tupper Lake 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 |
|---|---|---|---|
| Nov 17, 2021 | Sold | ||
| Sold | |||
| Aug 9, 2021 | Listed by Martha Turner Sotheby's | $1,325,000 | |
| Listed by Martha Turner Sotheby's | |||
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Tucked beneath the ancient oaks of Tanglewood, a jewel box home bares its soul: Situated on a corner lot just three houses from the Boulevard, this 3 bed, 2.1 bath ranch-style home shows respect for the time period yet is easily adaptable to the needs of its future residents. Double doors of beveled glass open to reveal a luminous interior decked with oak floors and surrounded by large windows. Amenities include two fireplaces, dining room with plantation shutters, an open kitchen with Viking stovetop plus adjoining breakfast nook, two cedar closets, primary bedroom with built-in dresser and vanity, and crown molding throughout. Backyard entry through glass doors gives way to what feels like a secret garden, enclosed by a wooden gate, where a built-in plant bed produces greens for the kitchen and crape myrtles bloom pink. Residents in this part of Tanglewood benefit from HPD’s off-duty patrol. This home will readily accommodate a swimming pool in the backyard or an added second floor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017