187 Sandlin Court
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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 |
|---|---|---|---|
| Nov 14, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Listed by Anne Land Real Estate | $484,000 | |
| Listed by Anne Land Real Estate | |||
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Horse ready fenced and cross fenced property with 3 split bedroom open concept home. Home features front and back covered porches, kitchen with large breakfast area, stone fireplace in living area, office or formal dining area, well, septic and insulated shop with electricity. Property backs up to a seasonal creek, includes some trees, pasture, loafing shed and well house. Also, property has no restrictions and no city taxes. Located approximately 30 or 40 minutes from Fort Worth or Lockheed Martin and has easy access to major highways. It's county living at it's best and no restrictions.
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20350651
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017