38 Sunset Drive
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 |
|---|---|---|---|
| Jul 28, 2014 | Sold | ||
| Sold | |||
| Apr 28, 2014 | Listed by RE/MAX Property Promotions | $299,900 | |
| Listed by RE/MAX Property Promotions | |||
| Aug 29, 2005 | Sold | ||
| Sold | |||
| May 10, 2005 | Listed by LAER Realty Partners | $434,900 | |
| Listed by LAER Realty Partners | |||
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Wonderful log located on desirable Sunset Lake. New Pergo floors, ceramic tile in both baths, family room w/woodstove w/walkout to deck to your own beach,dock,and hot tub.Decks,balcony off master overlooking lake. 6 panel doors, new berber, and too many other amenities to mention. Open concept living room overlooking lake with fireplace/woodstove.Large deck overlooking lake and private flat yard. Beautiful stone walls, paved driveway. All this just in time to start the season.Motivated Seller!!
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| Oct 28, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017