1010 Sage Drive
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 1, 2025 | No longer available | - | |
| No longer available | |||
| Jun 4, 2024 | Price Decreased |
$219,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Feb 23, 2024 | Listed by Keller Williams Signature | $229,000 | |
| Listed by Keller Williams Signature | |||
| | |||
|
Fantastic investment opportunity in a prime location! Long term 11 year Tenant-occupied property generating income. Tennant would like to stay and has no plans of leaving. Tennant leases property at 1800 a month and is responsible for all repairs through homeowner warranty paid by tennant. Easy freeway access for convenience and growth potential. Don't miss out on this valuable asset. Contact the agent for details. Room sizes are approximate. Take advantage of this chance for lucrative investment in a thriving area!
| |||
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Jan 2, 2023 | Listed by eXp Realty, LLC | $200,000 | |
| Listed by eXp Realty, LLC | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017