436 Sims Way
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%.
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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 15, 2022 | No longer available | - | |
| No longer available | |||
| Oct 14, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2022 | In contract | - | |
| In contract | |||
| Sep 14, 2022 | Price Decreased |
$375,000
↓ $50K
(11.8%) | |
| Price Decreased | |||
| Aug 6, 2022 | Listed by Harry Norman REALTORS | $425,000 | |
| Listed by Harry Norman REALTORS | |||
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Located in the mountain community of Sylvan Lake Falls is this 4-bedroom 3 bath, 3024 sq ft log sided home complete with a with a tin roof. Includes 2 lots for a total of 2.29 acres. Easy, 2 short step entrance into the kitchen/dining/living room from the paved parking area. The main living space includes hardwood flooring, log wainscoting, vaulted ceilings, gorgeous all stone wood burning fireplace with wood mantle, custom kitchen with all wood cabinetry, tiled flooring and a large island. The main level features 2 bedrooms, one an oversized owner's suite, its bathroom complete with tiled flooring, jetted tub and separate shower. The other bedroom makes use of the hallway guest bathroom, which also has tiled flooring. The walkout basement level has an oversized utility room, 2 spacious bedrooms a full bathroom and bonus room that could be an office, workout room or whatever you might need!t Current owners fenced in a section of the yard to keep their canine family members safe. This area is accessed directly from the basement door so you can let them out without having to go outside! All of the porches are covered. There is a screened in section off the front porch/owner's suite for comfortable dining or entertaining. This property is private and peaceful. You can sip your coffey/tea on the front porch in your PJs and not see anyone! The manager has listed the unit size as 3024 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017