47 SANDERSON Drive
About This Property
** Seller to pay up to 2% towards closing costs with contract closing on or before 04/30/2023 ** A spacious sleeping area with decorative step ceiling, 2 walk-in closets, and a bath with a full size walk-in shower, adult-height double vanity, and a linen closet make up the primary bedroom. 2 more bedrooms, a full bath, and the laundry room complete the 2nd story. Located just a short distance from dining, shopping, entertainment, great schools, and major roads that offer an easy commute to popular work centers, the beaches, parks, and more. Vacant and ready for move-in.
Payment Calculator
Your Estimated Monthly Payment
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017