229 Sage Road
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 |
|---|---|---|---|
| Sep 12, 2023 | Sold | ||
| Sold | |||
| Aug 1, 2023 | No longer available | - | |
| No longer available | |||
| Jun 28, 2023 | Listed by EXP REALTY LLC | $399,900 | |
| Listed by EXP REALTY LLC | |||
| | |||
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Beautifully updated Contemporary style home in the amenity-filled, short term rental friendly community, Emerald Lakes, blocks from the main lake! Turnkey, renovated interior is fully furnished & includes all new flooring, fresh paint, new fixtures & lighting, new mini split heating/cooling systems & new water heater. The main level boasts a cozy wood-burning fireplace, brand new kitchen w/ gorgeous cabinets, farm sink & butcher block countertops, along w/ an open layout into the dining/ living space. Down the hall sits 2 spacious BRs & a brand new full bath, complete w/ an oversized, tiled, walk in shower. Downstairs, the finished lower level offers a spacious family room w/ fireplace & walk-out slider doors, 3rd BR, new bathroom, also w/ an oversized walk in shower & seperate laundry room. Outside is just as appealing as the inside! Fabulous wrap around deck for the ease of entertaining, firepit, shed & plenty of driveway parking! Community offers pools, lakes, ball courts & more! The manager has listed the unit size as 1440 square feet.
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| Jun 9, 2023 | Listed by EXP Realty LLC | $399,900 | |
| Listed by EXP Realty LLC | |||
| Aug 11, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017