16002 Sandy Ring Court
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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 4, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by Wisch Properties | $375,000 | |
| Listed by Wisch Properties | |||
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Gorgeous heavily updated home in beautiful Stablewood Farms! Corner lot on cul de sac street, strikingly beautiful & stately elevation with brand new *50* year roof (50 year shingle & 10 year no leak transferrable warranty)! 3 Car Garage! Spacious front porch with new ceiling fans & wrought iron gate, door to 3rd garage bay. Sparkling Pool/Hot Tub/Patio, designer granite and custom stained cabinets in kitchen & master, plantation shutters throughout, recent paint, faucets, microwave, disposal, dishwasher, cooktop, 2 water heaters – too much to name! Master bath is a *must* see! Deep, freestanding soaking tub, frameless walk-in shower complete with dual shower heads. Fireplace has been redesigned with mantle plug and gas logs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017