23
Map
1808 Sabel Drive
About This Property
RECENT UPDATE INCLUDE NEW FLOORING THROUGHOUT AND NEW APPLIANCES. THIS LOCATION ALSO HAS ALL THE TRAVEL AMENITIES CLOSE AT HAND, AIRPORT, AMTRAK AND MAJOR HWYS. ESCAPE THE COLD WEATHER!
LOT RENTAL $1,407 INCLUDING TAXES, LOAN MAINTENANCE AND ALL AMENITIES.
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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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Listed by Greener Globe Realty Group | $42,000 | |
| Listed by Greener Globe Realty Group | |||
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About Pine Tree Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017