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3564 Sanctuary Drive
About This Property
The Monroe floor plan is a thoughtfully designed two-story residence offering three bedrooms and 2.5 baths, with inviting outdoor living on both levels. A covered front porch welcomes you inside, while the second-floor covered balcony off the primary suite provides a private space to unwind. The main level features an open-concept kitchen, dining, and living area ideal for everyday living and entertaining. The kitchen includes a peninsula with seating, and the light-filled dining space is framed by windows that enhance the home's airy feel. The living room showcases traditional 9-foot ceilings and opens to a covered rear porch--perfect for morning coffee or evening relaxation. A convenient powder room is located near the entry. Upstairs, a central landing includes a laundry area and a shared full bath. Two secondary bedrooms are positioned at the rear of the home and offer generous closets. The primary suite overlooks the front yard and includes a private en suite bath, two large closets, a soaking tub, separate shower, and dual-sink vanity with ample storage.
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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 |
|---|---|---|---|
| May 12, 2026 | Listed by DR Horton Realty of Emerald Coast, LLC | $469,900 | |
| Listed by DR Horton Realty of Emerald Coast, LLC | |||
| Sep 1, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017