33 Sophia 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 |
|---|---|---|---|
| Jun 10, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by Spring Hill Real Estate Sales | $649,900 | |
| Listed by Spring Hill Real Estate Sales | |||
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NEW CONSTRUCTION in the most sought after community in Rehoboth, the Reserve at Spring Hill. This Nantucket style home welcomes you into the open concept living space, with popular upgrades such as crown molding, transom windows, and modern black hardware. With the vaulted entry, you are greeted with an abundance of natural light and space. The kitchen offers an upgraded layout with pantry cabinets for plenty of storage, an extended island and Kitchen Aid appliances. The beautiful crown molding and natural oak hardwoods adds a custom touch to this high quality home. With two bedrooms and two full bathrooms, along with a dedicated study/office, you have plenty of space with the benefits of one-level living. The exterior is beautifully finished with a natural stone facade and a covered porch made for evenings of watching the sunset. Come see why the Reserve feels like home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017