11 Sagamore Rd
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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | Listed by Gibson Sotheby's International Realty | $1,095,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Situated in a sought-after neighborhood, this charming colonial is the perfect blend of suburban tranquility and urban convenience. The main level offers a functional layout with easy flow from the living room to the kitchen and dining area, making it practical for both entertaining and everyday living. The large family room with vaulted ceilings features a wood stove and ample space that is ideal for gatherings or relaxing. A mudroom and full bathroom complete the first level. The second level has three good sized bedrooms and another full bathroom. The partially finished basement with laundry is a versatile space with room for storage, a workspace. Additionally, a bonus room on this level can serve as a second family room, gym, or any flexible space to suit your needs. The backyard is an oasis for outdoor activities, gardening, or simply unwinding after a long day. This unbeatable location has convenient access to Route 2 and Alewife, making commuting a breeze.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017