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2438 Sullivan Lane
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%.
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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 |
|---|---|---|---|
| May 13, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Listed by UTR TEXAS, REALTORS | $329,900 | |
| Listed by UTR TEXAS, REALTORS | |||
| Aug 25, 2020 | Sold | ||
| Sold | |||
| Jul 9, 2020 | Listed by Marsae's Coastal Living Proper | $255,998 | |
| Listed by Marsae's Coastal Living Proper | |||
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Gorgeous home in quiet neighborhood. Open floor plan w/study & formal dining room. New updated wood laminate throughout. Large kitchen w/granite counter tops, freshly painted cabinets, and 18x18 tile. Living room features ls, large windows which showcase the beautiful gardens in the back, corner gas log fireplace, and high ceilings. Study has wall of built-ins and extra storage closet & could easily become a 4th bedroom. Split floor plan is great for families. Huge master suite w/tray ceilings, garden tub, walk-in shower with bench, double sinks & his and her closets. Covered patio is great for relaxing and BBQ with extra storage room to the left. Backyard is gorgeous with blooming flower & trees. This home has so much storage including walkin closets in all bedrooms. Location is so convenient to just pop right on I45 or Hwy 3. Home has never flooded.
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About St. Edmunds Green
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017