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3703 Sandy Meadow Lane
About This Property
Unlock the possibilities with this home that's ready for your vision and personal touch. Originally designed as a 3-bedroom, the home has been converted into a spacious 2-bedroom layout and could potentially be reconfigured to suit your needs. Featuring a roof that's only 5 years old, this property offers a solid starting point for your next project. Whether you're an investor looking for your next flip, a landlord seeking a rental property, or a buyer wanting to build equity through renovations, this home presents an excellent opportunity. With some improvements and updates, it has the potential to shine.
Don't miss your chance to transform this property into something special!
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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 |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Listed by United Real Estate | $170,000 | |
| Listed by United Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017