5903 Solar Point Lane
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 |
|---|---|---|---|
| Aug 21, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by Century 21 Top Realty | $850,000 | |
| Listed by Century 21 Top Realty | |||
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Ideally situated on a private greenbelt in the gated Lakes on Eldridge North, this magnificent custom estate on a massive lot allows no side/back neighbors. Landscaped to perfection, the inviting grand foyer welcomes guests with beautifully laid diagonal tile floors to a grand dining room equipped with tray-ceiling lighting and built out for a future walk-in wine closet. The main living room boasts soaring ceilings with expansive windows allowing natural light through classic plantation shutters. It effortlessly flows to the 5-star Chef's kitchen featuring endless granite countertop space, floor-to-ceiling cabinetry and top-of-the-line appliances. The primary bedroom, tucked away to the home's North wing, allows privacy and scenic views of the sparkling pool backyard while offering a luxurious ensuite and spacious walk-in closet. Gameroom, media room, four additional bedrooms and a whole home backup generator, this home allows the space and peace of mind for all of life's events.
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About Lakes on Eldridge North
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$5,950 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017