5988 Black Rail Road
About This Property
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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 14, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by ARI California Realty | $2,245,000 | |
| Listed by ARI California Realty | |||
| Jan 6, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2019 | Listed by Pacific Sotheby's Int'l Realty | $1,190,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Offering Canyon Views, Privacy, Open light design, entertainers kitchen, coastal location, cul de sac and downstairs bed and bath. This turn key property meets the check list and so much more. Arched walkway with flowering side patio greats you upon entrance to the home. Open floor plan with great room drenched in sunlight opens to expansive kitchen facing magnificent canyon and night views. Cherrywood flooring throughout adds sophistication and style! Large view master with private retreat. A perfect home for extended or growing family with it's light and bright open floor plan and huge great room featuring living and dining room! Downstairs bedroom has bathroom directly outside door and presently does not have closet. Easy to add or use Armoire for guests. The bright light family room and kitchen open up to magnificent canyon and night views and custom large stamped stone patio. Upstairs are three bedrooms and large master suite with sitting area that is multi purpose. Presently used as office it could easily be yoga room, work out space, library, use your imagination! Truly beautiful this home has been perfectly maintained. PAID SOLAR system adds value to California living!! Enjoy the amazing delight of Canyon living with exotic birds, butterflies and best of all Road Runners zooming across your yard! True California Dream Living!. Neighborhoods: Morning Ridge Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: ,LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017