4479 Sunrise Drive
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 |
|---|---|---|---|
| May 27, 2026 | Listed by Staples Sotheby's International Realty | $449,000 | |
| Listed by Staples Sotheby's International Realty | |||
| Jun 12, 2025 | No longer available | - | |
| No longer available | |||
| Dec 18, 2024 | Listed by Leslie Cain Realty | $475,000 | |
| Listed by Leslie Cain Realty | |||
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Beautiful waterfront retreat on picturesque Lake Palestine! This property is currently use as a very profitable Short Term Rental with excellent reviews. It could continue operating as it is or would make a perfect home or vacation home! The main home boasts a living area, dining, kitchen and a bedroom and full bath on the first floor and an additional bed and bath on the 2nd. There is an ADU adjacent to the main home that is perfect for guests or to rent out as an additional unit! It contains a Living area,bedroom and full bath with laundry! AND theres plenty of storage space in the attached, enclosed shed! The gorgeous lot is peppered with trees and the sunrises are AMAZING! Enjoy an evening walk to your very own pier and bask in the beauty of Lake Palestine!
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| Jun 16, 2024 | No longer available | - | |
| No longer available | |||
| Jan 17, 2024 | Listed by Real | $505,000 | |
| Listed by Real | |||
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This precious stone cottage on a waterfront lot is the perfect place to relax and enjoy all the beauty nature has to offer. It is comprised of both a main house and a guest house. The main house has 2 oversized bedrooms, 2 full bathrooms, and full kitchen with all appliances included. The master bedroom has a lovely deck with a great view of the lake. The guest house has a third bedroom, full bathroom with full size washer and dryer, and is located just a short walk from the main house. The entire property comes fully furnished due to the fact that it is currently being used as a short term rental, income producing investment property. The large backyard has a flat lot to the lake, mature trees, large outdoor firepit, barbeque grills, and a fishing pier. There is also a storage building on the property for water toys and other outdoor equipment. It would make a great investment property or a perfect place for your new home. Financials available for serious inquiries only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017