12735 SANDPIPER DR
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, 2014 | Sold | ||
| Sold | |||
| Apr 28, 2014 | Listed by Homecity Real Estate | $114,900 | |
| Listed by Homecity Real Estate | |||
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Lovely 3 bedroom, 2 bath home with open floor plan and high ceilings is located on a very quiet street. Private treed backyard. Family room with fireplace. Covered patio. Freshly painted interior and exterior. New stove, microwave and dishwasher. This is a Fannie Mae HomePath property. Purchase this property for as little as 5 percent down (own/occ). This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.
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| Mar 5, 2004 | Sold | ||
| Sold | |||
| Dec 13, 2003 | Listed by Realty Executives Of S.A. | $87,500 | |
| Listed by Realty Executives Of S.A. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017