45901 Sandia Creek 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 |
|---|---|---|---|
| Mar 13, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $1,875,000 | |
| Listed | |||
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The spectacular natural beauty of this property will nurture and delight you. This exceptional offering includes a ranch style 3BD/2BA main residence, a 2BD/1BA second residence presently used as a large engineering office (high speed internet with 7 bonded pairs T-1 lines) and two parcels totaling over 26 acres (possibly divisible). Equestrian improvements include: a breezy 6 stall barn with high ceiling and large covered walkway, fully equipped with in & outs, 2 wash racks, hot & cold water and a fly spray system, 200' x 100' arena, 132' x 66' short court dressage arena, 50' round pen, 4 paddocks, 4 pastures and on-site trails. Experience this peaceful equestrian retreat, complete with landscaped grounds, including walkways, gardens, groves, and serene sitting areas. The primary residence features an open floor plan, hardwood floors, a wood burning fireplace in the living room and screened in lanai with pasture views. The guest home includes a kitchen, large upstairs deck, and sunroom that opens up to a covered backyard BBQ and entertaining area. All separately fenced from the additional 21.55-acre parcel, where you'll find an additional oversized pasture, tranquil creek, trails and breathtaking views. Every improvement on this property has been thought The manager has listed the unit size as 1928 square feet.
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| Aug 28, 2019 | Listed by Compass | $1,875,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017