1 Sunstone Place
About This Property
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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 |
|---|---|---|---|
| Mar 13, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Listed by Non Member Office | $395,000 | |
| Listed by Non Member Office | |||
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Welcome to 1 Sunstone Place Way at Stone Meadow, the area's premiere 55+ Community. Enjoy all life has to offer in this unique and special community, enriched with luxury amenities galore to include indoor lap pool, library, function hall, tennis court, bocci courts, shuffle board and fitness center! Meticulously crafted and Manufactured HUD Code home by Virginia Homes, part of this spectacular land lease community. Five (5) year lease required for $780/month to include the use of the community center, maintenance of private roads, snow removal, curbside trash removal, lawn care and snow removal from driveway, walkway and irrigation! No real estate taxes as this is a land lease community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017