1190 Sunset Ridge Road
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 |
|---|---|---|---|
| Aug 17, 2021 | Sold | ||
| Sold | |||
| Aug 28, 2020 | Listed by Possum Kingdom Real Estate | $475,000 | |
| Listed by Possum Kingdom Real Estate | |||
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Big water front with amazing views. One of the largest beautifully wooded home sites with a level ground for an easy prep foundation for your lake home. Amazing panoramic lake views of sunset filled skies from south to west to the north. Mature trees including many live oaks. Many amenities including lake access at the boat launch with courtesy boat slips. A great pool called the million dollar swimming hole, clubhouse, equestrian center, tennis court, trap range, sand volleyball court, and 1100 acres of common ground for recreation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017