4200 Sage Brush Circle
About This Property
Kitchen with 42'' cabinets, SS appliances, granite counters, double pantry,
center island with granite, pendant lights, over looking the adjoining living & dining area. Master suite with large walk in closet, double sinks, soaking tub & separate shower. New accordion hurricane shutters. Outdoor living on the trussed porch with extended brick paver patio and a wood pergola to enjoy the relaxing lake view. Wrought Iron Fenced yard with 2 gates.
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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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | Price Increased |
$414,500
↑ $10K
(2.4%) | |
| Price Increased | |||
| Sep 14, 2024 | Relisted | $404,900 | |
| Relisted | |||
| Sep 12, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017