1675 Sandalwood Drive
About This Property
Come see this gorgeous North Hills home that has been remodeled and upgraded to reflect a more contemporary style with all the upgrades and custom features one can imagine. As you pull up in front of this home you will immediately notice the custom pavers on the large driveway and stairs leading up to the house. As you enter the home you will see custom wood floors, Crown molding throughout, recessed lighting, a remodeled kitchen, and a large family room with a custom bar and refrigerator. The home also has 3 1/2 baths, a 3 car garage, and RV or boat parking. This home features a huge master suite with a giant walk in closet. The master suite was custom designed by combining the 4th bedroom and making the huge walk in closet, and could easily be converted back to a 4th bedroom. As you walk into the completely custom backyard, you will find a separate exterior family room area that has tile flooring, recessed lighting, crown molding, and an outdoor fireplace. You will also find a separate patio deck, as well as a huge built in BBQ area with another fireplace. The backyard is also very low maintenance with artificial grass in various places throughout the yard. The home also comes with leased solar panels that are easily transferable, and give your buyers instant monthly savings on their utility bills. HURRY AND SEE THIS HOME BECAUSE IT WILL NOT LAST!
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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 |
|---|---|---|---|
| Jul 17, 2020 | Sold | ||
| Sold | |||
| May 14, 2020 | Listed by Re/Max Discover | $969,000 | |
| Listed by Re/Max Discover | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017