132 Red Sable Drive
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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 4, 2023 | Sold | ||
| Sold | |||
| Jul 11, 2023 | Listed by BHGRE Gary Greene | $1,099,000 | |
| Listed by BHGRE Gary Greene | |||
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Sought-after 1-story in Grogan's Point on 1.44 wooded acres down the street from Pastoral Pond! No neighbors front or rear! Very private! Very open and bright! High ceilings! Hardwood & tile flooring throughout! Lots of windows! Very spacious primary suite w/ updated spa bath & huge wardrobe room! Kitchen opens to family room with large center island, stainless appliances! Three more bedrooms. One is ensuite! The other two have adjoining bath. All baths are updated! Enjoy the covered lanai overlooking beautiful pool/spa! If you love to garden, you will love the variety of blooming landscaping! Generator! 3-car oversized garage! Grogan's Point has two pools and a six-acre park, lots of families who love sharing the fun activities of the Grogan's Point Resident's Association (not HOA). Quick access to I45, Hardy Toll Road, and Hwy 99. Come see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017