2 Sandpiper Way #A
About This Property
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/16/2025
|
2 Bed
|
1 Bath
|
1483 ft²
|
$525,000
2 Bed
1 Bath
1483 ft²
|
$512,000
-2.48%
11/03/2025
|
Melissa Silva
Coldwell Banker Residential Brokerage - Gloucester
| |
|
06/08/2021
|
2 Bed
|
2 Bath
|
1539 ft²
|
$419,000
2 Bed
2 Bath
1539 ft²
|
$455,000
+8.59%
07/30/2021
|
The Charles King Group
Invest Realty Group
| |
|
05/19/2017
|
2 Bed
|
2 Bath
|
1314 ft²
|
$305,000
2 Bed
2 Bath
1314 ft²
|
$306,000
+0.33%
07/31/2017
|
Bentley's Team
Keller Williams Realty Evolution
| |
|
04/10/2014
|
2 Bed
|
1 Bath
|
1314 ft²
|
$266,900
2 Bed
1 Bath
1314 ft²
|
$260,000
-2.59%
06/27/2014
|
Ron April
RE/MAX On The River, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017