275 Sutherland Drive
About This Property
The back of the first floor boasts an open-concept layout combining the great room, gourmet kitchen, and breakfast nook-perfect for entertaining family and friends. The kitchen impresses with a gas cooktop, stainless steel vent hood, built-in oven and microwave, plus a large pantry with custom wood shelving. Enjoy the convenience of a tankless hot water heater located in the garage.
Oak stair treads lead upstairs to a bright loft space accented by stylish oak handrails and metal pickets, enhancing the open feel. Bedrooms 2 and 3 share a well-appointed hall bath, while Bedroom 4 includes its own private bath. The second-floor laundry room features a utility sink and tile flooring for added convenience.
Retreat to the primary suite, complete with a trey ceiling, ample room for a sitting area, dual vanities, walk-in closets, a luxurious shower, and a freestanding tub. This stunning home is estimated to be move-in ready by August 2025.
Experience comfort, elegance, and modern living all in one place-schedule your tour today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jun 29, 2025 | Price Decreased |
$446,465
↓ $3K
(0.6%) | |
| Price Decreased | |||
| Jun 6, 2025 | Listed by Lennar Carolinas LLC | $448,965 | |
| Listed by Lennar Carolinas LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017