3125 Sikes DR
About This Property
The home features a new roof and newer windows, giving you a solid foundation to add your own personal touch. Perfect for entertaining, this property offers ample space for large gatherings, cornhole games, and enjoying wide-open views from the deck. While some updates are needed, this creates an excellent opportunity to build equity from day one. A rare chance to own acreage with endless possibilities
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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 11, 2026 | Relisted | $299,997 | |
| Relisted | |||
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Price Decreased |
$299,997
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Jan 4, 2026 | Listed by Soldiers Of Real Estate | $315,000 | |
| Listed by Soldiers Of Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017