15508 Sugar Ridge Lane
About This Property
This corner lot is perfect for your dream home. Sip your coffee on your back porch while overlooking the small pond in back. Take your fishing pole out on those lazy days at home, and it's 3 mins from Lake Palestine Marina for the sportsman in the family!
Streets are asphalt, with curb and gutter. Water and electric available. No HOA and reasonable restrictions! This property is located outside the city limits, so no city taxes. Will be septic or aerobic sewer, not public sewer.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Price Decreased |
$79,000
↓ $500
(0.6%) | |
| Price Decreased | |||
| Jun 13, 2024 | Listed by Willow Property Group | $79,500 | |
| Listed by Willow Property Group | |||
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20649413
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017