138 Sandy Pond Rd
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 |
|---|---|---|---|
| Sep 7, 2016 | Sold | ||
| Sold | |||
| Jun 22, 2016 | Listed by LAER Realty Partners | $849,000 | |
| Listed by LAER Realty Partners | |||
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This mid-century modern home designed by architect Carl Koch in 1954 has been lovingly preserved & carefully updated. Its exquisite detailing & deft use of materials (glass, flagstone, brick, & fabulous old-growth redwood) exemplify the craft & vision that the best modern design brings to residential living. The large central hall with its redwood paneling & richly colored stone floors opens to a great room with soaring wood ceilings, fireplace, & complete walls of glass that showcase the mature landscape plantings & natural woodlands. The home’s layout organizes public & private spaces, emphasizing dramatic sight lines & efficient use of space. The kitchen has been sensitively updated to include gourmet appliances while honoring the original sleek design, including a pass-through bar area, charming casual dining space, & an open flow to the dining room with fireplace. Three bedrooms complete the home, including a large mstr suite with walk-in closet. LL offers storage & expansion.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017