5683 Longmont Drive
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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 |
|---|---|---|---|
| Apr 26, 2023 | Sold | ||
| Sold | |||
| Jan 23, 2023 | Listed by Martha Turner Sotheby's International Realty | $3,495,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Stunning clean lined recent construction in Tanglewood on oversized 17,850 SF lot. 2 story grand entry is light and bright. Generous formals with custom finishes throughout. Island kitchen with breakfast area was recently renovated in 2022. Downstairs Primary bedroom overlooks grounds and has chic marble bath with his and her walk-in closets. Study/home office down and 4 bedrooms up and 2 additional half baths. White oak hardwoods and marble flooring throughout. Upstairs game room has cathedral ceilings with wet bar. Outdoor covered loggia with summer kitchen overlooks a huge back yard with plenty of room for a pool and additional green space. Elevator installed. 4 car tandem garage and electric privacy gate. Walk Tanglewood Blvd, minutes to fine shopping, dining, parks and much more!
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| Oct 13, 2020 | Sold | ||
| Sold | |||
| Feb 24, 2020 | Listed by Thad Davis, Broker | $2,795,000 | |
| Listed by Thad Davis, Broker | |||
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Spectacular new construction in Tanglewood on 17,850 SF lot. Master down. Custom finishes throughout. Oversized lot allows for a huge back yard (room for a pool and plenty of green space). Elevator installed. 4 car tandem garage. White oak hardwoods and marble flooring throughout. Oversized game room with wet bar upstairs. Outdoor patio with summer kitchen overlooks a huge back yard with plenty of room for a pool and additional green space. Much more!
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About Westside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017