234 Sapling Lane
About This Property
The thoughtfully designed layout includes three bedrooms, with the primary bedroom featuring its own private ensuite bathroom. Two additional bedrooms offer flexibility for family, guests, or a home office.
Step outside to the spacious, fully fenced backyard, offering plenty of room for pets, play, gardening, or simply enjoying your outdoor space. A covered patio provides a great spot for outdoor dining or enjoying your morning coffee. The attached one-car garage adds convenient parking and work bench, while a storage shed provides even more space for tools and outdoor equipment.
With its move-in-ready interior, spacious backyard, and convenient location, this home is ready for its next owner to settle in and make it their own.
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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 23, 2026 | Price Decreased |
$299,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Sep 10, 2026 | Price Decreased |
$300,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Sep 4, 2026 | Listed by Young Marketing Group, Realty Executives | $305,000 | |
| Listed by Young Marketing Group, Realty Executives | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017