322 Sandpiper Lane #3
About This Property
The manager has listed the unit size as 1404 square feet.
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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 24, 2023 | No longer available | - | |
| No longer available | |||
| Feb 4, 2023 | Price Decreased |
$384,900
↓ $40K
(9.4%) | |
| Price Decreased | |||
| Sep 23, 2022 | Listed | $424,900 | |
| Listed | |||
| | |||
|
Gated Condo on Cherokee Lake with beautiful lake & mountain views located in Germany Creek Resort ''The Bluffs''. Welcome to a 2 bedroom, 2 full bath Condo all on one level with minimum steps to unit or use the elevator, built in 2007, open floor plan, no pets. Wake up in the master suite to breathtaking lake & mountain views, master includes walk-in closet, double vanity, walk-in shower and garden tub. This is a ''Bring your toothbrush only'' delivery with all furniture, fixtures to stay as well as all kitchen appliances, washer & dryer, all window coverings and wall art. HOA includes all exterior maintenance, water and sewer, trash pickup, gated entry maintenance, club house with kitchenette, meeting room, and in-ground pool. HOA fees are $245/month. Walking distance to privately owned Marina which has boat slips and public boat access. Great Lake Home or Vacation Home! The manager has listed the unit size as 1404 square feet.
| |||
| Oct 21, 2021 | No longer available | - | |
| No longer available | |||
| Oct 10, 2021 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/03/2023
| |
2 Bed
|
2 Bath
|
1404 ft²
|
$364,999
2 Bed
2 Bath
1404 ft²
|
-
-
|
ANGELA RUNDLE
BLUE RIDGE PROPERTIES
|
|
09/23/2022
|
2 Bed
|
2 Bath
|
1404 ft²
|
$424,900
2 Bed
2 Bath
1404 ft²
|
-
-
|
Lindsey Cutshaw
Southbound Real Estate, LLC
| |
|
10/04/2021
|
2 Bed
|
2 Bath
|
1404 ft²
|
$265,000
2 Bed
2 Bath
1404 ft²
|
-
-
|
ANGELA RUNDLE
BLUE RIDGE PROPERTIES
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017