750 35th Street
About This Property
This 5 bed Cape Cod style home in the tree section has the IT factor. With its 3 car side-by-side-by-side garage situated on a street-to-cul-de-sac alley, it created a more active community where most of the neighbors go to play ball and ride bikes. Built in 2015 with superior craftsmanship and cutting-edge finishes, it has vaulted ceilings, Provenza wide plank hardwood and a stairway with enough space to carry a completely assembled California King through. No expense was spared with Jeldwyn windows, solid core doors, a disappearing door system to the slate patio with fire pit, built in BBQ, Carrera marble, Grohe fixtures, a SubZero-Wolf kitchen, front yard privacy fence and AC. Then, just when you thought it was perfect, the current owner's interior designer took over, and created a signature style of hand chosen finishes and fixtures from around the world, including Curry Co Sconces and Ro Sham Beaux light fixtures, Kravet fabric curtains in kitchen an Osborne linen fabric curtains in living and dining room and Matthew Williamson wall paper in powder room.
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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%.
How much can I actually make?
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 |
|---|---|---|---|
| Sep 26, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | Listed by Coldwell Banker | $3,500,000 | |
| Listed by Coldwell Banker | |||
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About Tree Section
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017