117 Sagamore Rd
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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 |
|---|---|---|---|
| Sep 12, 2025 | Listed | $1,775,000 | |
| Listed | |||
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Welcome to this beautiful ranch-style home. The residence boasts an open layout with modern design elements, highlighted by clean lines and a warm, inviting atmosphere. Upon entering, you'll find a spacious, airy living area that flows seamlessly into the dining room and kitchen, perfect for effortless entertaining. With four generously sized bedrooms, this home offers ample space for comfort and tranquility. Each bedroom is thoughtfully designed, featuring plenty of closet space and large windows that frame lovely views of the surrounding landscape. Step outside to the new expansive yard, now featuring a beautifully designed new patio that creates an inviting outdoor retreat. One of the standout features of this property is its prime location, backing up to the picturesque South Mountain Reservation, providing a serene backdrop. Additionally, it's conveniently situated near the vibrant town of Millburn, where you can explore many dining options, shops, and cultural attractions. The town's excellent schools and community amenities further enhance its appeal. Discover your serene sanctuary in this stunning home, where modern elegance meets a tranquil setting.
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| Aug 7, 2023 | Sold | ||
| Sold | |||
| Jun 26, 2023 | In contract | - | |
| In contract | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Listed | $769,000 | |
| Listed | |||
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Location, Location! 2 Bedroom, 1 Full Bath. Private yard setting, backs to reservation, Great open floor plan for entertaining. Perfect for expansion & adding your own decorating style. House & FP as is Family room could be possible third bedroom. Large Basement with high ceilings can be finished for large recreation room. Update to suit your needs. Great potential! Yard and patio is very serene and private, faces South Mountain Reservation side. The natural pond is Mountain fed and grows fresh watercress.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017