938 Talcey
About This Property
Seldom does a home of this quality come on the market. This home was lovingly built for the discriminating buyer who appreciated timeless beauty and superior construction and sought materials as evidenced by the handmade mosaics that grace the estate from the electric gates to the exquisite marble floors and 16 ft "Versailles" style hallway that run the length of the home , complete with a multi-tiered Crystal Chandelier. Back to back dining and living areas are filled with abundant light pouring from ample windows and French doors graces most living spaces. This home was made to enjoy peace and quiet and to be a retreat from the hustle bustle of the world with a mini orchard and garden areas for the gentleman farmer. Rarely does this incredible opportunity come up to own this architecturally significant home and is one you do not want to pass by.
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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, 2019 | Sold | ||
| Sold | |||
| Oct 18, 2018 | Listed by WINDERMERE R.E. TOWER PROP. | $1,555,000 | |
| Listed by WINDERMERE R.E. TOWER PROP. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017