2311 Sorento CIR
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 |
|---|---|---|---|
| Jan 29, 2025 | Listed by Bryan Properties | $545,000 | |
| Listed by Bryan Properties | |||
| Oct 1, 2024 | No longer available | - | |
| No longer available | |||
| Sep 28, 2024 | Price Decreased |
$598,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Jul 2, 2024 | Listed by Bryan Properties | $628,000 | |
| Listed by Bryan Properties | |||
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UPDATED: NEW LOWER PRICE! Now's the time to grab your dream home in the coveted D'Antoni's Crossing neighborhood, just a short drive from Baylor Scott & White Hospital and McLane's Children's Hospital. This stunning 3,282 square foot residence fulfills every aspect of your wish list and more. Step inside to discover high ceilings and elegant ceramic floors throughout, with wood floors in the versatile upstairs flex room. The layout features all bedrooms downstairs, providing privacy with a split floor plan, complemented by three full bathrooms for convenience. The 2-car garage is equipped with a finished floor, ceiling fan, and two spacious closets ideal for tools and seasonal storage. Additional comforts include a tankless gas water heater and water softener. In the heart of the home, the kitchen is a chef's delight, seamlessly integrated into the living area. Highlights include a sizable granite-topped island, built-in oven and microwave, a separate 5-burner gas cooktop, dishwasher, pantry, and abundant cabinets with under cabinet lighting. Adjacent to the kitchen, the living room has a striking stone fireplace, beamed ceiling, canned lighting, ceiling fan, and a large flat-screen projector TV that will convey. Outdoor living is equally enchanting with options to relax under the expansive covered porch or the charming pergola amidst a meticulously landscaped yard featuring fruit trees (pluck an apple while you're out there), flowering shrubs, and lush green grass. Adding to the allure, this gated community offers residents access to a swimming pool for leisurely afternoons and hot summer days. This extraordinary home is truly a must-have, exceeding every expectation on your wish list, and it's MOVE-IN READY! NEW ROOF JULY 2024!!
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| May 1, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017