3036 Sappington Place
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%.
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 4, 2024 | Delisted | - | |
| Delisted | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Aug 25, 2024 | Price Decreased |
$260,000
↓ $3K
(1.1%) | |
| Price Decreased | |||
| Aug 6, 2024 | Price Decreased |
$263,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Jul 11, 2024 | Listed by All City Real Estate, Ltd. Co. | $267,500 | |
| Listed by All City Real Estate, Ltd. Co. | |||
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This adorable bungalow was completely remodeled in 2020 down to the studs including a new roof, luxury laminate waterproof flooring, quartz kitchen countertops, decorative lighting, double pane windows, mudroom, motion sensor lighting, a beautiful covered front porch, and backyard deck. This charmer sits on a large lot that presents several options for the new homeowner. A workshop, an outdoor living space, or even a guest cottage! Ample kitchen storage, a large master closet, a large walk-in shower, as well as a mud-utility-laundry room are features that make everyday functioning better. Boaz Park, Ridgmar Mall, and nearby grocery shopping add to the close and convenient access to I-30, Lockheed Martin, Cultural District, Medical District & TCU!
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About Ridglea North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017