1564 Sapphire 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 16, 2020 | In contract | - | |
| In contract | |||
| Sep 9, 2020 | Listed | $1,090,000 | |
| Listed | |||
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Straight out of a design magazine, completely remodeled home with high end, tasteful finishes! This is not a flip, every detail thoughtfully considered. Kitchen is complete with quartz counter tops, shaker cabinetry, custom tile, backsplash and stainless steel appliances, including wine fridge and hood. Designer lighting throughout. Stunning bathrooms feature unique handmade and concrete tiles, marble counter tops, floor to ceiling Carrera marble in master shower and beautiful soaking tub. The manager has listed the unit size as 2275 square feet.
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| Mar 16, 2017 | Sold | ||
| Sold | |||
| Feb 11, 2017 | Listed by Harcourts JADE Properties | $759,900 | |
| Listed by Harcourts JADE Properties | |||
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Highly desirable gated community of Mar Brisa. Elevated, panoramic views of mountains & hills w/ no neighbors behind. Home features an open floor plan w/ plenty of natural light, 3 BRs plus loft, 2.5 BAs, crown molding. Spacious kitchen with farm style sink, gas range & breakfast bar opens to family room w/ cozy fireplace. Hardwood & travertine floors thru-out entry, living room & dining room, kitchen & family room. Come enjoy the cool ocean breezes, community pool, 2 spas, park w/ tot lot, RV lot. Neighborhoods: Mar Brisa Complex Features: ,,,,,,,, Equipment: Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017