1251 Sundown Lane
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 11, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $710,888 | |
| Listed | |||
| | |||
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This home is loaded with upgrades and improvements. Kitchen and bathrooms remodeled in 2016. Furnace/AC and Solar System installed in 2015. Solar system is owned and not leased. New above ground pool and Tuff Shed installed in 2016. Energy efficient windows and new roof installed in 2015. Most of the home has new plumbing and electrical. Large sunroom addition with ~278sq/ft included in square footage. Built-in Murphy bed. Large yard with pool, lawn and vegetable garden. Several fruit trees. Turn key home ready for new homeowner looking for low maintenance. This home has too many upgrades to list including fresh paint and carpet. Pride of ownership shines in this home.The manager has listed the unit size as 1319 square feet.
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| Jun 4, 2017 | Listed by Tuscana Properties | $710,888 | |
| Listed by Tuscana Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017