600 Workman Avenue
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%.
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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 |
|---|---|---|---|
| Dec 21, 2017 | Sold | ||
| Sold | |||
| Oct 6, 2017 | Listed by Re/Max Premier Prop Arcadia | $3,980,000 | |
| Listed by Re/Max Premier Prop Arcadia | |||
| Jul 9, 2017 | Listed | $4,380,000 | |
| Listed | |||
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A brand new, sophisticated estate is set on a sprawling 18,099 Sq.Ft. lot in a prestigious Arcadia neighborhood. This stunning estate boasts 8,000 Sq. Ft. of living space and is a spectacular masterpiece offering 6 en suite bedrooms (2 on the main floor) and 7.5 bathrooms. It features a dramatic 2-story foyer graced by a double staircase with wrought-iron banisters. Stylish touches include porcelain tile floors, fabric wall panels, magnificent crown molding and custom lighting fixtures. Every room has been thoughtfully and thoroughly attended to-the elegant formal living and dining room, the stately library and a serene movie theater. The kitchen is gorgeous and features designer appliances, an Onyx counter top island and an adjacent wok kitchen, it opens onto an expansive great room with wet bar and a temperature controlled wine room. In addition to the 2 main floor en suites; there’s also a home gym complete with sauna and a bath. On the upper level you will find a very generous master suite, featuring a gracious sitting room with a fireplace, enormous walk-in closets, deluxe bathroom, and spacious balcony. 3 additional en suites complete the second level. The private and serene backyard is an entertainer’s delight offering a huge pool with soothing spa, providing ultimate relaxation and impressive entertaining. Convenient proximity to the library, parks, shopping, and award-winning Arcadia schools, this gorgeous home is a rare opportunity that should not be missed! The manager has listed the unit size as 8000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017