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2311 Sonora Drive
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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Mar 7, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Listed by NextHome Realty Center | $675,000 | |
| Listed by NextHome Realty Center | |||
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Multiple offers received. Best and Final due by March 5 at 5PM. Entertainer’s Dream! This meticulously maintained home sits on a oversized lot and boasts a four car garage. The spacious updated kitchen, with high end countertops, double ovens, and an expansive island is perfect for hosting gatherings. The primary bedroom has a luxe ensuite bath and generous walk-in closet. One of the secondary bedrooms also has an ensuite bath, perfect for guests. The built in bar with roller door has easy access to the backyard oasis featuring a pool/spa that has swim-up seating all around or you can just relax under the large covered patio. A separate garage offers ample space for RV/boat parking or a workshop. Above the 4 car garage, a private retreat awaits with a bedroom, game room, and bathroom, featuring its own entrance. A must see for those who love to entertain in style! Welcome to your NextHome!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017