161 Sanderling Lane
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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%.
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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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by Keller Williams Realty The Woodlands | $875,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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This Striking Modern Farmhouse Was Custom Built By Wendell Legacy Homes And Is Situated On A Greenbelt, Cul de Sac Lot In Sought After Woodforest; The Open Floorplan Is Accentuated By Tall Ceilings And A Neutral Scheme Thru-Out; Attractive LVP Flooring In All Living Spaces & Bedrooms Downstairs; Designer Light Fixtures, Tasteful Millwork, And 8' Doors Thru-Out; Highly Desired Two Bedrooms & Two Full Baths Downstairs; A Spacious Kitchen Is Anchored By Professional Thermador Appliances And Features A Large Breakfast Island, Soapstone/Quartz Counters, And Abundant Storage; Inviting Primary Suite With Luxurious En Suite Bath; A Versatile Study Can Also Be Converted To A Fourth Bedroom; Game Room/Bonus Room/Bedroom Suite Upstairs; An XL Covered Patio & Summer Kitchen Expand The Living Space Outdoors; Whole-House Generator & 3-Car Garage; Zoned To Acclaimed Montgomery ISD; Outstanding Community Amenities Include Retail, Restuarants, Resort Style Recreation, Walking Trails, And Several Parks!
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017