321 Sierra Drive
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 |
|---|---|---|---|
| Mar 15, 2022 | Sold | ||
| Sold | |||
| Jan 25, 2022 | Listed by @properties Christie's International R.E. | $350,000 | |
| Listed by @properties Christie's International R.E. | |||
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wesome location! Every aspect has been updated in this 3-bedroom, 2 bath ranch home that is perfect for year-round living or rental option. Open floor plan with new wood flooring flows seamlessly from 1 area to the next. Spacious living room with beautiful fireplace has plenty of room for entertaining. Kitchen has new cabinets, range/oven, microwave & island/snack bar & conveniently blends into the dining area with sliding doors for deck access. Unfinished basement has been waterproofed with laundry area and additional fireplace. Backyard invites you out to the abundant greenspace great for outdoor entertaining options. Super location across from Jack Nicklaus Harbor Shores Golf course, Lake Michigan beach access and Rocky Gap Park just minutes away.
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| Jun 20, 2019 | Sold | ||
| Sold | |||
| May 23, 2019 | Listed by ERA Reardon Realty | $164,900 | |
| Listed by ERA Reardon Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017