3640 Sandy Pine Place
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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by Coastal R. E. Professionls LLC | $70,000 | |
| Listed by Coastal R. E. Professionls LLC | |||
| | |||
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Great investment opportunity or starter home! This property includes a 2-bedroom, 2-bath mobile home and is perfect for anyone looking for a renovation project. Whether you're an investor, handyman, snowbird, or just someone ready to build equity, this property has great potential. This .41-acre lot has beautiful shade trees and a spacious yard, perfect for gardening, entertaining, or simply relaxing. No HOA and you own the land! Whether you renovate or build from scratch, this is a great investment. The home has an open floor plan and large master bedroom. It has a recently reshingled roof, HVAC unit, flooring, and water heater. The property includes a large, detached shed outfitted with electricity, workbenches, and cabinets.
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| May 3, 2019 | Sold | ||
| Sold | |||
| Dec 15, 2018 | Listed by RE/MAX Aerospace Realty | $110,000 | |
| Listed by RE/MAX Aerospace Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017