5856 Cowles Mountain
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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 |
|---|---|---|---|
| Jul 16, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Listed by Costa Modern Properties | $999,000 | |
| Listed by Costa Modern Properties | |||
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This beautifully updated 4-bedroom, 2-bath home offers the perfect blend of comfort, style, and location. The chef’s kitchen features a 5-burner gas range, Calcutta quartz countertops, full Calcutta marble subway tile backsplash, and a convenient breakfast bar—ideal for everyday living and entertaining. The home showcases tasteful upgrades throughout, including primary bathroom remodel, built in shelving for closets, luxury vinyl plank flooring, crown molding, upgraded baseboards, fresh paint, plantation shutters, ceiling fans in most rooms and FULLY PAID SOLAR Recent major improvements include a new roof and solar panels (2022), EV charging outlets, and a high efficiency tankless water heater. Step outside to a spacious backyard retreat with an abundance of free and vegetable trees such as lemons, blackberries, fig, tomatoes, and artichokes, along with low-maintenance turf, a durable Trex deck—perfect for summer barbecues and watching 4th of July fireworks—and plenty of room to relax or play. Ideally located near Lake Murray, Cowles Mountain, and Mission Trails, this home puts outdoor adventure and everyday conveniences right at your doorstep.
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| Oct 18, 2016 | Sold | ||
| Sold | |||
| Sep 8, 2016 | Listed by Berkshire Hathaway HomeService | $519,900 | |
| Listed by Berkshire Hathaway HomeService | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017