33
Map
309 Sand Gate Drive
About This Property
Additional bedrooms provide comfort and flexibility for family, guests, or a home office. Enjoy outdoor living in the private, fully fenced backyard-ideal for relaxing evenings or weekend gatherings. The home also includes energy-efficient features and an attached garage for convenience.
Located just minutes from schools, parks, shopping, dining, and with easy access to I-10 and Horizon Blvd, this move-in-ready home combines modern style, functionality, and great location all in one! This home is backed by a solid 2/10 builder's structural warranty and landscaping allowance. Come view this beautiful home 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 |
|---|---|---|---|
| Mar 17, 2026 | Sold | ||
| Sold | |||
| Feb 24, 2026 | In contract | - | |
| In contract | |||
| Feb 4, 2026 | Price Decreased |
$234,995
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Nov 11, 2025 | Price Decreased |
$239,995
↓ $5K
(2%) | |
| Price Decreased | |||
| Oct 15, 2025 | Listed by JPAR | $244,995 | |
| Listed by JPAR | |||
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About Horizon City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017