3465 Sorrel 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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | Listed by Baird & Warner | $1,399,500 | |
| Listed by Baird & Warner | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 18, 2021 | In contract | - | |
| In contract | |||
| Dec 14, 2020 | Listed | $275,000 | |
| Listed | |||
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Call your general contractor! This Northbrook home is ready for your repairs, updates, expansion, or as a tear down to build your new home on this spacious lot. 1.5 blocks to Hickory Point Elementary School (K-2nd grade). The manager has listed the unit size as 1430 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017