755 Marchmont Drive
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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 |
|---|---|---|---|
| May 3, 2021 | Sold | ||
| Sold | |||
| Jan 30, 2021 | Listed by Compass RE Texas, LLC | $5,950,000 | |
| Listed by Compass RE Texas, LLC | |||
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A Metropolitan Custom Homes Masterpiece. This magnificent newly constructed 6-Bedroom residence combines spectacular scale with sophisticated designer selections to create extraordinary living spaces situated on a prime village acre in prestigious Piney Point. Grand Reception Hall. Butler's Bar with Wine Vault. Gourmet Kitchen with dual islands, informal dining area, and nearby catering corridor. Ground-level Game Room with wet bar and media area equipped with a golf simulator system. Owners Retreat with luxurious bath, separate dressing rooms, and adjacent Fitness Center with private bath (optional ground-level Guest Suite). 4 Guest Suites up + additional Game Room. Elevator-installed. Two Staircases. Home Generator. Central Vacuum System. Large Loggia with summer kitchen and outdoor fireplace overlooks swimming pool/spa and sizable lawn beyond. Circular driveway with additional off-street parking leads to gated motor court and four-car attached Garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017