12019 Sandy Stream Drive
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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%.
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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 29, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by Orchard Brokerage | $235,000 | |
| Listed by Orchard Brokerage | |||
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CHARMING 3 bed, 2 bath ranch home located in the highly sought-after community of Three Lakes East. Featuring mature landscaping, a covered front entry, open-concept living, large windows, and tons of natural light. Front flex space is perfect for a formal dining area, formal living area, home office, or playroom. The spacious living room, open breakfast area, and a well-appointed kitchen with ample counter and cabinetry space, and primary bedroom with a private bath. Two large secondary bedrooms, a secondary full bath, and a convenient laundry room. Large back yard with covered patio. 2 car garage. Close to shopping, dining, and entertainment.
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| Jul 29, 2017 | Listed | $148,000 | |
| Listed | |||
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Charming home located in the community of Three Lakes East. This 3 bedroom 2 bath home is move-in ready. This home features laminate floors in the family room, warm neutral paint throughout the home, open kitchen and family room concept plan, extended patio across the back of the home, manicured lawn, and spacious backyard. This home won't last long. Bring your picky buyers.The manager has listed the unit size as 1350 square feet.
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About Three Lakes East
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Last Updated: 5 months ago
Data Source: HAR , MLS# 13238281
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Address: 335 Madison Avenue, New York, NY 10017