5735 Bering Circle
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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%.
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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.
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 28, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by Martha Turner Sotheby's International Realty | $750,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Location! Positioned within a gated luxury enclave in the Tanglewood/Briargrove area, this pristine, traditionally styled, well updated patio home offers inviting gardens and patio, and a light-filled open floorplan. Gated front courtyard; oak floors; soaring ceilings; rich millwork; banks of full-length windows. Open formal rooms w/ built-in breakfront cabinets, wainscot, oversized fireplace, book/display/media cabinets. Full bar. Gathering kitchen/breakfast w/ raised shed ceiling & skylights; glass doors/windows overlooking paver patio; Blue Pearl granite countertops; SubZero, Bosch appliances. Vestibule entry to primary suite w/ sisal carpet, sitting area, dressing area, French doors to balcony. Marble-clad bath w/ mirrored walls, jetted tub, glass-entry shower, two custom-fitted walk-in closets. Two large secondary bedrooms w/ sisal carpet share a connecting updated bath. Third floor spacious flex space has seagrass carpet, full bath and bookshelves. Two-car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017