3720 Sipes Ln
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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 |
|---|---|---|---|
| Apr 13, 2019 | Sold | ||
| Sold | |||
| Jan 9, 2019 | Listed by Edward Wehbe, Broker | $514,900 | |
| Listed by Edward Wehbe, Broker | |||
| Sep 16, 2013 | Sold | ||
| Sold | |||
| Jul 28, 2013 | Listed by Century 21 Award | $364,999 | |
| Listed by Century 21 Award | |||
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An amazing opportunity awaits you to own this beautiful traditional home in Coral Gates. This beauty offers you a combination kitchen/dining area, a lovely fireplace in the living room, 4 bedrooms, 2.5 baths, a huge backyard surrounded by italian cypress pines, a large shed, gazebo, and mature avocado trees. All measurements are approximate. Buyer's agent/Broker and buyer should verify measurements and do a thorough inspection and investigation of the property prior to COE to satisfy themselves with the current condition of the property. Buyer, buyer's agent, and broker are advised that all the information contained herein is deemed reliable, but not guaranteed. Public record information provided by a third party. Listing agent has not verified public records, including, but not limited to permits, lot size, number of rooms, or square footage.. Neighborhoods: CORAL GATES Equipment: Shed(s) Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017