131 Sunray Street
About This Property
This property features two bedrooms and two bathrooms within 1,040 square feet. The open-concept floor plan seamlessly integrates the living, dining, and kitchen areas, creating a spacious and inviting atmosphere. The primary bedroom boasts a walk-in closet and a tub-shower combination with a single vanity. The second bedroom offers versatility, ideal for use as a home office.
Additional amenities include a ramp for easy access and a delightful front deck, perfect for relaxing with a cup of tea. A storage building is also available on the lot, enhancing the property's functionality. Conveniently located near Cedar Creek Lake and local shopping, this home combines peaceful living with accessibility.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Listed by KW-Cedar Creek Lake Properties | $129,000 | |
| Listed by KW-Cedar Creek Lake Properties | |||
| May 11, 2025 | No longer available | - | |
| No longer available | |||
| May 10, 2024 | Listed by Ebby Halliday Realtors | $110,000 | |
| Listed by Ebby Halliday Realtors | |||
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Peace and quiet at its finest. This adorable home is nestled among some gorgeous trees and is the perfect space to come home to after a long day. Enjoy your coffee or tea while you sit on the covered back patio and listen to the birds sing. This home has prime location, with its close proximity to Mabank shopping, dinning, schools and parks! HOA includes full use of the facilities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017