20240 YOUNGS CLIFF RD
About This Property
Situated on a generous lot, this 3-bedroom, 2-bathroom home provides ample space both inside and out. The large lot offers plenty of potential for outdoor living, gardening, or expansion. The home is currently connected to a private well for water, but a public water hookup is available, providing flexibility for the future.
Whether you're a first-time buyer or an investor looking to capitalize on a great deal, this property is a rare find in today's market. Don't let this opportunity pass you by-schedule a showing today and start envisioning your future in this spacious Sterling home!
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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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 30, 2024 | Listed by Keller Williams Realty | $575,000 | |
| Listed by Keller Williams Realty | |||
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About Hidden Acres
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017