33
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409 Sable Oak 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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Jan 7, 2025 | Listed by Premier Estate Properties | $1,775,000 | |
| Listed by Premier Estate Properties | |||
| | |||
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Elegance and sophistication. Highlights include spacious rooms, abundance of natural light, chef's kitchen opening to Family Room, and split bedrooms for privacy with ensuite baths. Formal Dining Room and Office/Den retreat located off entry foyer which opens to grand Living Room. French doors open to pool/patio/built in bbq from Primary, Living Room, and Family Room. Highly coveted Bermuda Bay is a private community located in beautiful Indian River Shores. Guarded entry, community pool, stately oak trees, tennis courts, private oceanfront access.
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| May 1, 2009 | Sold | ||
| Sold | |||
| Feb 20, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017