1607 Sagebiel Rd
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 |
|---|---|---|---|
| May 28, 2021 | No longer available | - | |
| No longer available | |||
| May 19, 2021 | Listed | $409,000 | |
| Listed | |||
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Prefect for the extreme hobbyist or a home based business with a 40' x 30' metal building and a 29' x 11.5' enclosed sun room. Level large lot with concrete driveway to an oversized garage. The metal building also includes insulation, bathroom, and additional covered parking - can easily be converted to additional living space. The home is open and spacious that is adaptable for entertaining or holding a large group of family or friends. Two eating areas plus a breakfast bar, granite counter tops, custom cabinets, exude warmth and easiness to please. This home allows for expansion, pool, RV parking, and plenty of room to spread out and enjoy. The manager has listed the unit size as 2265 square feet.
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| Dec 31, 2020 | No longer available | - | |
| No longer available | |||
| Aug 8, 2020 | Listed | $399,000 | |
| Listed | |||
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Beautiful custom home and a separate place to work on 1 full acre with a lot of bells and whistles - PERFECT FOR A HOME BASED BUSINESS or create additional living space. One floor living with ceramic tile throughout, spacious rooms, enclosed 29' x 11.5' sun room (extra living space), open concept with two eating areas plus a breakfast bar, granite counter tops, custom cabinets with back splash for a cook's delight. The living room has a built in niche for a 50" television. The level lot includes an over sized garage, carport, large storage building, plus the barn/metal building . This 30' x 40' building includes a mini kitchen and a bathroom, insulation throughout, heating and cooling. A new way to work in today's market. There is room to add a pool or custom play area for kids and grand kids. This is not just a home; it is a unique new lifestyle for living and working in a convenient location just minutes from IH 10, shopping and restaurants. Must see to appreciate the added value. Barn is currently used as a quilting shop but new owner has many other choices to make uniquely their's. The manager has listed the unit size as 2265 square feet.
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| Apr 16, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017