227 Sunray Street
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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Sep 2, 2020 | Listed by Ebby Halliday Realtors | $65,000 | |
| Listed by Ebby Halliday Realtors | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Oct 15, 2019 | Price Decreased |
$63,000
↓ $2K
(3.1%) | |
| Price Decreased | |||
| Sep 19, 2019 | Listed | $65,000 | |
| Listed | |||
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Recently remodeled, two bedroom and two full bath boasting multiple porches to enjoy the lake view! Cedar Creek Lake is located just across the street, and the gated POA boat ramp is just around the corner! Home is the perfect spot for weekends away or full time residents. An open layout makes entertaining easy with a an eat-in kitchen and bar area right next to the living room. Built in provides lots of storage. The hall bathroom also connects directly to the guest bedroom. Currently rented and is an income producing property. Possible Owner Financing The manager has listed the unit size as 896 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017