1564 Sparrow Lane
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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 |
|---|---|---|---|
| May 11, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by Dave Perry Miller Real Estate | $749,000 | |
| Listed by Dave Perry Miller Real Estate | |||
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Don’t miss this opportunity to own a home at CityLine! This 2019 gem is 1 of 32 single family homes in the CityLine development. A Modern entry door, white oak hardwood floors, quartz countertops, white Shaker-style cabinets, designer tile treatments, and custom lighting. Engineered monolithic slab foundations with dual paned,low-E insulated glass windows, and 30-year shingle roof with full rain gutter system along with a 16-SEER dual-zoned AC. In the kitchen, you’ll find KitchenAid stainless steel appliance package that includes a 36-inch gas cooktop, sleek canopy hood, dishwasher with third rack, and convection oven. This home has a large private courtyard on the side of the home complete with hottub! Kitchen and living on the first floor with primary bedroom and 1 guest room on the 2nd floor with a reading nook dividing the bedrooms. Up to the third floor you will enjoy the 3rd bedroom with an additional living or game room and access to your third floor covered patio.
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| Nov 15, 2019 | Sold | ||
| Sold | |||
| Sep 13, 2019 | Listed by Pinnacle Realty Advisors | $559,000 | |
| Listed by Pinnacle Realty Advisors | |||
| Jul 22, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017