40311 Sagewood Drive
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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 |
|---|---|---|---|
| Oct 23, 2020 | Sold | ||
| Sold | |||
| Sep 15, 2020 | Listed by Bennion Deville Homes | $480,000 | |
| Listed by Bennion Deville Homes | |||
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This house was renovated in 2014 completely with new electrical,HVAC, kitchen, bathrooms, extended master and much more! Enter the courtyard and open the front door to the foyer. Stop and notice the high beamed ceilings, stone fireplace, view to the outdoors and this is just the beginning! This living area flows into the family/ breakfast area with bay window with built in seating. Beautiful granite, stainless refrigerator, stainless cook top and double stainless ovens with custom cabinetry make anyone want to cook. Dining room is perfect for holidays or special dinners. Master Suite has been enlarged to create a perfect business space or sitting area with a tongue and groove ceiling with view of the yard. Open the double doors to the spa like bathroom with dual vanities, designer tub and large stone shower. Plus, this suite has a large walk in closet. Two guest rooms with good closets share a beautiful custom bathroom with double vanities that are surrounded by custom tiles and large walk in shower. The backyard is private with fruit trees plus large side yard with room for a pool, or game area. The location of this house is perfect too...sits next to greenbelt area, pool and tennis courts. Laundry room, pantry and two car garage add to this house.Do not miss the opportunity to call this your home!
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| Dec 23, 2013 | Sold | ||
| Sold | |||
| Oct 10, 2013 | Listed by HK Lane Real Estate | $245,000 | |
| Listed by HK Lane Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017