351 Sandlin Lane
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 26, 2026 | No longer available | - | |
| No longer available | |||
| Aug 25, 2026 | Listed by TDT Realtors | $675,000 | |
| Listed by TDT Realtors | |||
| Dec 12, 2023 | Listed by Reside Realty Group | $285,900 | |
| Listed by Reside Realty Group | |||
| |||
|
A large pond sits on this private piece of land with no restrictions. You could build your dream home on the hill that overlooks the pond, or build more than one residence, with plenty of room between them. When it rains, the pond receives a refill from the water that flows from Sandlin Lane into the pond. There is a lean-to on the property and a small shop. Come see this pretty, private land that's a perfect place to build a home.
Property has been subdivided into the currently listed 5.718 acres. There is an access easement from Sandlin that goes back through second gate on this property.
| |||
| Dec 2, 2023 | No longer available | - | |
| No longer available | |||
| Nov 5, 2023 | Listed by Keller Williams Heritage West | $450,000 | |
| Listed by Keller Williams Heritage West | |||
| | |||
|
Location is everything! Just minutes from Springtown and outside city limits. Would make a great home site, new subdivision, or business complex. Pond on property and no climb perimeter pipe fence is already there. New fiber in the area and access to public utilities. New survey being provided for the newly portioned 7.5 acres with Sandlin Frontage gate. See photo for property lines.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017