14470 Sobey Road
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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 |
|---|---|---|---|
| Jan 25, 2025 | Listed by Intero Real Estate Services | $3,750,000 | |
| Listed by Intero Real Estate Services | |||
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2023 | Listed by Keller Williams Realty-Silicon Valley | $3,499,888 | |
| Listed by Keller Williams Realty-Silicon Valley | |||
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Welcome to 14470 Sobey Rd in Saratoga. It is an incredible opportunity to build your dream home or as an investor on this amazing lot, where you can unlock immediate equity by imparting your unique vision to this prime property! This beautiful, flat lot with 39,994 sq. ft. is nestled in a neighborhood that is renowned for its luxury and exclusivity! The property comes with city-approved architectural plans with a spectacular 6,768 sq. ft masterpiece - ready for development! Just a short distance to downtown Saratoga and other big tech companies. Easy access to the site with public utilities available. Don't miss out on this exceptional opportunity to craft your dream home at a location that blends convenience with luxury!
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| May 17, 2023 | No longer available | - | |
| No longer available | |||
| Feb 21, 2023 | Listed by Christie's International Real Estate Sereno | $3,750,000 | |
| Listed by Christie's International Real Estate Sereno | |||
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Build your dream home in one of the most desirable neighborhoods in saratoga on .94 Acres lot with approved plans. The plans are for an approximately 8,804 sqft home with a basement, ADU, and two-car garage of approximately 770 sqft. This home presents itself as an amazing opportunity for both a homeowner and/or an investor. SB9 may allow for the opportunity to split the lot, for the buyer to verify and confirm. The manager has listed the unit size as 1548 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017