249 Sandpiper Drive
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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 |
|---|---|---|---|
| Jul 26, 2021 | Sold | ||
| Sold | |||
| May 25, 2021 | Listed by Sotheby's Intl. Realty, Inc. | $6,200,000 | |
| Listed by Sotheby's Intl. Realty, Inc. | |||
| Jan 23, 2020 | No longer available | - | |
| No longer available | |||
| May 14, 2019 | Listed | $3,475,000 | |
| Listed | |||
| | |||
|
Impeccably maintained classic Bermuda style one story house on a very desirable, quiet street ready for immediate occupancy! The house has 2 living rooms that both open to a beautiful, expansive private pool and patio area that includes a large covered dining space. This fantastic location allows key access to the beach and close proximity to the Lake Trail. There is circular driveway with a 2 car garage off of the laundry room. The manager has listed the unit size as 2800 square feet.
| |||
| Oct 16, 2013 | Sold | ||
| Sold | |||
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About Dodge Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017