261 Sandy Run
About This Property
Grand 2 story entry with fireplace, modern updated kitchen with all new appliances. Landing area with gorgeous lake views perfect for office or playroom. Generous sized bedrooms and modern master with on-suite. Laundry room. Backyard is just too good to be true! Huge open and private surrounded by stunning lake views. Perfect for outdoor Florida living. New HVAC and HWH. Partial rear roof replacement due to tree damage. Hardi- plank installed on partial exterior.
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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 |
|---|---|---|---|
| Sep 5, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $259,900 | |
| Listed | |||
| | |||
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Wonderful modern open floor plan in this meticulously kept lake front home. Gorgeous wide open lake views adorn every East window and door.Grand 2 story entry with fireplace, modern updated kitchen with all new appliances. Landing area with gorgeous lake views perfect for office or playroom. Generous sized bedrooms and modern master with on-suite. Laundry room. Backyard is just too good to be true! Huge open and private surrounded by stunning lake views. Perfect for outdoor entertaining.The manager has listed the unit size as 1803 square feet.
| |||
| Jun 19, 2017 | Listed by Prominent Properties of FL,LLC | $259,900 | |
| Listed by Prominent Properties of FL,LLC | |||
| Oct 14, 2015 | Sold | ||
| Sold | |||
| May 1, 2015 | Listed by Prominent Properties of FL,LLC | $229,900 | |
| Listed by Prominent Properties of FL,LLC | |||
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About Suntree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017