5935 Solar Point Lane
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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 |
|---|---|---|---|
| Dec 20, 2021 | Sold | ||
| Sold | |||
| Nov 16, 2021 | Listed by Martha Turner Sotheby's | $525,000 | |
| Listed by Martha Turner Sotheby's | |||
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Large single story home located on a quite cul-de-sac and backs to a green space. This home has high ceilings, open concept living, large spacious rooms and lots of light. Generous entry with French Double doors leading into your private office. The spacious primary suite with sitting area and en-suite primary bath is a great retreat. The covered patio with views of the green space gives you the ultimate privacy. 3 car garage and extra storage area.
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| Aug 10, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed | $450,000 | |
| Listed | |||
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Impressive single story situated on a quiet cul-de-sac street backing to green space. This must-see home features a split plan layout w/ high ceilings, open concept living, and large rooms. Formals & study/4th bdrm boast rich wood flooring. Spacious master retreat w/ sitting area. Private pool-sized backyard offers the ultimate in outdoor living w/ large covered patio extended w/ pavers and greenbelt trail access. Long drive w/ 3 car garage. Located in a desirable resort-like gated community. **Did not flood during Harvey and we are not aware of any homes in Lakes on Eldridge North flooding.** The manager has listed the unit size as 3118 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017