40545 Sage Road
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 |
|---|---|---|---|
| Oct 31, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed | $379,900 | |
| Listed | |||
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Beautiful 3 Bedroom, 2 Bathroom home situated on 5 Acres of Usable Land in a Scenic, Surreal Setting not far from shopping and local activities! This home boasts multiple upgrades including Solar that is Paid For and a Lovely Open Floor Plan. Entering this home you are greeted by a Living Room, Family Room with a Wood Burning Stove, Dining Room, and Gourmet Style Kitchen. The Kitchen features upgraded granite, center island, and breakfast nook area. As you head down the hall, you’ll enter the Large Master Bedroom and Master Bathroom with Separate Tub and Shower Area and Dual Sinks. There is also a Guest Bathroom with 2 Separate Entries. Additional Bedrooms are spacious with plenty of closet space. Other features include a Large Laundry Room with Extra Cabinetry and Plenty of Storage with Closet Organizers. Outside of the home is an Oversized 2 Car Detached Garage. These 5 Usable Acres are equipped with Multiple Fenced Areas great for privacy, livestock, and pets. The lot also features Fruit Trees, a Well that pumps over 30 Gallons a Minute, and Several Sitting areas to watch the sunrise and sunset. Don’t miss out on a lovely home where you can find peace and tranquility yet still be close to shopping and local restaurants The manager has listed the unit size as 1716 square feet.
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| May 24, 2018 | Listed by Realty ONE Group Southwest | $374,000 | |
| Listed by Realty ONE Group Southwest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017