1648 SUGAR LOAF Lane
About This Property
Home features open floor plan with soaring ceilings, and plantation shutters throughout. Large kitchen features granite counters with an island on wheels to be used where ever you are entertaining. Large Florida Room is completely enclosed with HVAC vents for year round use. HOA dues include all lawn watering and mowing including trimming bushes and re-mulching twice a year. Exterior of Home was just newly painted.
Seller is very motivated and willing to contribute a credit to the buyers cost of loan, interest buy down or other buyer closing costs. If Preferred Lenders is used Lender will pay for Appraisal. and buyer will offer 2-1 buy down of rate
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Dec 17, 2024 | Price Decreased |
$399,900
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Nov 29, 2024 | Price Decreased |
$415,000
↓ $4K
(1%) | |
| Price Decreased | |||
| Nov 24, 2024 | Price Decreased |
$419,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017