5725 Legendary Lane
About This Property
Shower ILO Tub Bath 2, Group 6 Porcelain Plank Tile Flooring, 8' Doors, 5 ¼ Base, Crown Molding, Plantation Shutters, Custom Paint Throughout, Finished Laundry Rm, 4' Garage Ext, Epoxied Garage Flr., Numerous Electrical Upgrades. Too Many Options to List. Property Complimented by Oasis Club Resort Style Amenity Center, Resort Pool/Lap Pool/Jacuzzi, Fitness Center, 12 Pickleball Courts/Tennis Courts/Bocce Courts, Hall, Golf Sim, Movement Rm, Activities Director. Championship Golf Course, Pro Shop. "Come Experience the Beauty that is Ave Maria"
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Price Decreased |
$778,900
↓ $20K
(2.5%) | |
| Price Decreased | |||
| Mar 4, 2025 | Price Decreased |
$798,900
↓ $33K
(4%) | |
| Price Decreased | |||
| Dec 20, 2024 | Listed by John R Wood Properties | $831,900 | |
| Listed by John R Wood Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017