27
Map
409 Gabriel Circle #1
About This Property
Sapphire Lakes is an active, resort-style community with low condo fees of just $551/month (includes cable/Wi-Fi). The home is move-in ready with or without furnishings your choice. Schedule a private showing today.
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Cap Rate Calculator
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 8, 2026 | Listed by Downing Frye Realty Inc. | $279,500 | |
| Listed by Downing Frye Realty Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/10/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$339,000
2 Bed
2 Bath
1200 ft²
|
$325,000
-4.13%
02/28/2025
|
Lisa Cachon
Your Home Sold Guaranteed Rlty
| |
|
10/08/2010
|
2 Bed
|
2 Bath
|
1406 ft²
|
$129,900
2 Bed
2 Bath
1406 ft²
|
$120,000
-7.62%
12/15/2010
|
John Anderson Sholar PA
The Keyes Company (PBG)
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017