304 Sandlewood Lane
About This Property
Updated 3-2-2. Great room spans living-dining-open kitchen w vaulted ceilings. Kitchen w granite, subway tile, lighted Shaker cabinets w glass panels, undercounter lights, ss appliances, dbl oven, banquette seating w storage, lrg island seats 3. Pantry w Elfa shelving and pocket door. Oversized ss sink, touchless faucet, carbon-filtered cold h2o. Great room w woodburning fp, custom mantle, floor-to-ceiling bay window, french doors to large patio. Hallway to 2 bdrm, full bath w granite, tub-shower combo. Master, ensuite bath w open ceiling, granite, dbl sinks. Karndean luxury vinyl in entry, main living, hallway.
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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 17, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by Coldwell Banker Realty | $305,000 | |
| Listed by Coldwell Banker Realty | |||
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* WE ARE IN A MULTIPLE OFFER SITUATION. OFFERS WILL BE ACCEPTED UNTIL 5P, SUNDAY APRIL 18TH *
Updated 3-2-2. Great room spans living-dining-open kitchen w vaulted ceilings. Kitchen w granite, subway tile, lighted Shaker cabinets w glass panels, undercounter lights, ss appliances, dbl oven, banquette seating w storage, lrg island seats 3. Pantry w Elfa shelving and pocket door. Oversized ss sink, touchless faucet, carbon-filtered cold h2o. Great room w woodburning fp, custom mantle, floor-to-ceiling bay window, french doors to large patio. Hallway to 2 bdrm, full bath w granite, tub-shower combo. Master, ensuite bath w open ceiling, granite, dbl sinks. Karndean luxury vinyl in entry, main living, hallway.
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About Cinnamon Ridge
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14555623
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017