5949 AMBERWOOD Drive
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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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | Listed by John R Wood Properties | $2,495,000 | |
| Listed by John R Wood Properties | |||
| | |||
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Custom built estate home with gorgeous craftsman quality millwork and windows to the outdoor living space. Recent kitchen renovation with massive center island, custom hood over stovetop and 2 GE Cafe wall ovens including double door wall oven, GE induction stove top, GE Cafe refrigerator that provides filtered hot and cold water and cubed ice. There is also a kitchen Aid under counter microwave and Bosch dishwasher. The n 2023 pool renovation includes new Travertine pool decking, new pool equipment, resurfacing, new tile as well as larger and more steps and seats in the pool. Large primary suite with double door access to pool and spa and 2 large walk-in closets. Garage is currently functioning as a 2 car with 3rd bay used as office space with separate temperature control and custom storage closet. Can be converted to full 3 car garage. Complete storm protection including electric shutters across covered lanai space and front entry area as well as impact windows on remaining openings. Enjoy all The Club At The Strand has to offer including fitness, tennis, pickleball, bocce ball croquet and of course golf if you wish to upgrade to that membership. A true gem in a fantastic community, this home is not to be missed.
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 7, 2018 | Sold | ||
| Sold | |||
| May 30, 2018 | Listed by John R. Wood Properties | $825,000 | |
| Listed by John R. Wood Properties | |||
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017