151 Sandpiper Drive
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 |
|---|---|---|---|
| Oct 2, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 8, 2018 | Listed | $759,000 | |
| Listed | |||
| | |||
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Pristine Victorian Surrounded By Mature Hedges For Privacy. 3/4 Of An Acre Bordered By Farm Land. Perfect Home For Entertaining Inside & Out. Huge Covered Patio Overlooking Salt-Water Pool & Professionally Landscaped Yard, Pool House With Shower. Hardwood Floors, Fireplace, 10' Ceilings. Space For 4th Bedroom Used To Create An Amazing Walk In Closet In Master Suite, Could Easily Be 4 Br Again. Spa-Like Master Bath, Sleek & Stylish Kitchen, Pantry. Office. Laundry Room. Deeded Beach. The manager has listed the unit size as 2606 square feet.
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| Jun 24, 2018 | Listed by Douglas Elliman Real Estate | $759,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jun 25, 2003 | Sold | ||
| Sold | |||
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