1576 Sorenson Dr
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | Listed | $514,900 | |
| Listed | |||
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Don't miss this rare find! Welcome to this stunning 2-bedroom, 2-bath split floorplan ranch home offering comfort, style and is turn-key ready. Step inside to beautiful wood floors on the main floor, detailed wood accents added throughout the home, newer paint, newly remodeled primary tiled shower, and newer window coverings that add a fresh, modern touch. The french-door office space can easily be used as a third bedroom or play room. The cozy living room features a fireplace with a statement mantle and decorative wood feature. Enjoy cooking and entertaining in the open kitchen with a large granite island, gas stove and an eat-in area that flows seamlessly into the lush, beautifully landscaped backyard. The extended patio provides backyard relaxation with newly added added privacy wood-slat enclosure, a mounted TV that stays, creating a perfect outdoor retreat. The oversized 2 1/2 car garage is 583 sq ft of fully finished space, featuring heating AND cooling - offering endless possibilities for hobbies, storage or a workshop. The garage also provides an exterior door with a newly poured sidewalk to the back yard and storage shed that is included. A rarity in Jacoby Farms, this home features a fully unfinished basement providing endless potential to expand and have additional storage. This home includes owned solar panel, reducing electric costs! This home has been meticulously maintained, thoughtfully updated and move-in ready!
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| Oct 19, 2021 | Sold | ||
| Sold | |||
| Sep 21, 2021 | Listed | $437,500 | |
| Listed | |||
| Aug 14, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017