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1927 Sparrows Ridge
About This Property
Extensive recent improvements include fresh interior and exterior paint, refinished hardwood flooring, new designer-grade carpet, updated lighting throughout, renovated bathrooms, and a stunning kitchen remodel featuring a Bosch 5-burner gas cooktop, GE convection oven, GE microwave, Proline vent hood, designer plumbing fixtures, and updated cabinet hardware. The home also features beautifully remodeled fireplace surrounds, updated tile flooring, refreshed landscaping, and a professionally coated epoxy garage floor. Every update was designed to enhance both style and functionality, making this home ideal for buyers seeking a turnkey property with upgraded finishes and an exceptional location.
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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 |
|---|---|---|---|
| Oct 19, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by Keller Williams Premier Realty | $1,299,000 | |
| Listed by Keller Williams Premier Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017