6731 Tulip 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 |
|---|---|---|---|
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Price Decreased |
$3,895,000
↓ $300K
(7.2%) | |
| Price Decreased | |||
| Sep 6, 2024 | Listed by Dave Perry Miller Real Estate | $4,195,000 | |
| Listed by Dave Perry Miller Real Estate | |||
| | |||
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Experience comfort and luxury in this 6-bedroom home completed in 2023 in coveted Preston Hollow. Newly added pool, pickleball court, turfed yard, window treatments and $50K worth of AV equipment make 6731 Tulip better than new. The light-filled floor plan is highlighted by a gourmet kitchen with Wolf-Subzero appliances & built-in Miele espresso maker, temp-controlled wine room, dining room with grass cloth walls and a lacquered study. The first-floor, spa-like owner's suite enjoys pool views. Guest suite doubles as pool bath, opening to the power-screened covered patio to complete the first floor. Upstairs, find a game room, gym and 4 en suite bedrooms. Oversized utility (with 2 full-sized sets of washers and dryers and extra fridge),
3-car garage and gated driveway combine form with function. High-end finishes include Marvin windows, Visual Comfort lighting, Walker Zanger tile & Emtek hardware. Just 3 blocks from St. Mark's School and near other top-rated schools, shops and restaurants.
| |||
| Jun 19, 2023 | Listed by Jessica Koltun Home | $3,495,000 | |
| Listed by Jessica Koltun Home | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017