741 Whispering Way
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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.
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 |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Listed by Keller Williams Legacy | $3,300,000 | |
| Listed by Keller Williams Legacy | |||
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Step into luxury and the epitome of countryside living - stunning ranch-style estate with over 5 acres in Prosper's Whispering Farms. A charming brick facade invites you into a world of refined living - 5 bedrooms with en suites, 3 living areas, 4-car garage and a 3 stall barn. Inside, discover spacious rooms with lofty ceilings and an abundance of natural light. Chef's kitchen with top-of-the-line appliances - Wolf gas range with grilling plate, double ovens, SubZero fridge, and an adjoining hearth room. Oversized private master with spa-like bath and huge walk in closet. His & hers offices with built-ins as well as laundry room heaven with 2 sets of stackable washers & dryers. Also comes with a whole home generator. Your backyard oasis beckons with a heated pool-spa, outdoor kitchen, expansive covered & open living space, plus a fireplace. Neighborhood has walking & golf cart paths and is moments from Gentle Creek Golf Club, Town Lake and The Equestrian Center at Whispering Farms.
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| Jul 11, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 5, 2024 | Listed by At Properties Christie's Int'l | $3,800,000 | |
| Listed by At Properties Christie's Int'l | |||
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This exquisite ranch-style estate on over 5 acres in Whispering Farms is a dream. With a brick facade, 4-car garage, and barn with 3 stalls, it's perfect for horse lovers. The backyard oasis features a heated pool-spa, outdoor kitchen, and living area with a fireplace. Inside, enjoy spacious rooms with tall ceilings, a gourmet chef's kitchen, and ensuite bedrooms. The neighborhood offers walking trails, horse trails, golf cart friendly and a lake just steps from the property. Conveniently located just a stone's throw away from Gentle Creek Golf Club, Prosper Town Lake & park, and The Equestrian Center at Whispering Farms.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017