2232 Sandstone Place
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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 |
|---|---|---|---|
| Apr 27, 2026 | Sold | ||
| Sold | |||
| Mar 29, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Listed by Stanton Realty | $425,000 | |
| Listed by Stanton Realty | |||
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Better than new! Less than 2 yr old 3 bdm plus flex room home loaded with upgrades! Turf in backyard plus storage shed. Home is a SMART home, has built in gym in garage (without sacrificing the parking inside), epoxy floor in garage, fully insulated garage with mini split. Home features built in package drop box for secure package delivery Whole house water purification system and tankless water heater.. The large kitchen with quartz counters, SS appl. HUGE butler's pantry and gas cooktop make cooking a delight!. The built in desk off the kitchen with overhead cabinets, quartz countertop and plenty of drawers is an added convenience. The roomy great room offers great natural light with it's 3 large windows. Spacious master bedroom and great sized guest bedrooms as well as a functional flex room that could be an office, den, playroom or whatever you desire. Great location, close to parks, shopping, and upper valley wineries. easy commute to Fort Bliss.
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| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017