3112 Sage Tree Lane
About This Property
Tucked away in the highly sought-after SUNNYVALE ISD, this CUSTOM-DESIGNED home offers 3 bedrooms plus a private office, 2.5 bathrooms, two spacious living areas and two dining areas on a LARGE corner lot with a PRIVATE side-entry alley-access driveway and a peaceful GREENBELT directly behind the home.
The large kitchen is a true centerpiece, featuring a gas cooktop, center island, breakfast bar, and a built-in desk that also serves as a perfect serving area for gatherings. The VAULTED ceilings and a cozy gas log fireplace in the living area provide an open yet warm feel, with seamless access to the covered back porch for easy indoor-outdoor entertaining.
Retreat to the oversized master suite with a peaceful sitting area, dual vanities, a separate shower, and a relaxing garden tub. The secondary bedrooms are thoughtfully placed to function as a teen suite or a PRIVATE SPACE for multigenerational living or a mother-in-law setup.
Don't miss the wood fence, the storage outbuilding and the mature trees that provide a beautiful backdrop behind the home. Peaceful living with quick drive time to 635 and highway 80, shopping, medical, restaurants and Lake Ray Hubbard. Tom Thumb is coming Fall 2025. Updates in 2024 include replacement of the Roof, HVAC system, and fence-making this home move-in ready with peace of mind.
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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 |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Price Decreased |
$460,000
↓ $14K
(3%) | |
| Price Decreased | |||
| Jun 3, 2025 | Price Decreased |
$474,000
↓ $25K
(5%) | |
| Price Decreased | |||
| Apr 14, 2025 | Listed by Coldwell Banker Apex, REALTORS | $499,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017