2 Sarah Drive
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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 9, 2022 | Sold | ||
| Sold | |||
| Sep 8, 2022 | In contract | - | |
| In contract | |||
| Aug 15, 2022 | Listed by Howard Hanna Rand Realty | $699,000 | |
| Listed by Howard Hanna Rand Realty | |||
| | |||
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Location matters! "Ranchero" on .60ac park-like property in sought-after New Hempstead. Hidden behind thick pine trees, the entry patio offers a private & cool place to sit outside, even on the hottest of days. This split/ranch offers an open floor plan that is so popular now. The main entry hall is on the same level as the dining room & large eat-in-kitchen. The kitchen is loaded with cabinets, granite counters, updated appliances and sliders to an enormous deck - perfect for a large family. Living room has a 2nd deck & vaulted ceilings. Bedroom hallway leads to a full bath w/Jacuzzi tub, master suite w/walk-in closet & full bathroom, +2 more BR's. Lower Level fam rm w/rec. lights & 1/2 bath, utility rm & an air-conditioned (rare) 2-car garage w/natural gas generator. Amenities/Updates include: newer windows, furnace w/humidifier, H2O heater, central vac, alarm sys, and roof. Hardwood floors on main & LR/BR levels are in perfect condition. Great commuter location close to everything.
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| Aug 2, 2022 | Listed by Howard Hanna Rand Realty | $699,000 | |
| Listed by Howard Hanna Rand Realty | |||
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About New Hempstead
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Data Source: OneKey MLS
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