4801 Sandcherry 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 |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | Listed by RE/MAX REALTY ASSOCIATES-CHA | $572,500 | |
| Listed by RE/MAX REALTY ASSOCIATES-CHA | |||
| Mar 7, 2024 | Sold | ||
| Sold | |||
| Dec 8, 2023 | Listed by RE/MAX REALTY ASSOCIATES-CHA | $524,900 | |
| Listed by RE/MAX REALTY ASSOCIATES-CHA | |||
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Welcome to this exquisite 5-bedroom, 3.5-bathroom. This property offers an impressive amount of living space, with a first-floor master bedroom featuring high ceilings, a walk-in closet with built in storage installed, and an en-suite bathroom. As you enter the home, to the right you will have your formal dining room. When you move past the dining room you are greeted by a spacious, open-concept living room with lots of natural light, high ceilings and a fireplace. The living room seamlessly flows into the updated kitchen and also allows for access to the backyard. The kitchen has been updated and is equipped with stainless steel appliances, a bar top for casual dining, and ample space for a breakfast nook. The second level of the home houses three generously sized bedrooms and a full bathroom, providing plenty of space for family or guests. The fully fenced backyard is an entertainer's dream, complete with a pergola, perfect for outdoor dining or relaxation. The basement level of this home is a true gem. It features a newly installed wet bar, a fifth bedroom, and a versatile space that has been converted into a playroom with custom built-ins. This space could easily be transformed into a workout room or additional storage, depending on your needs. This home is a perfect blend of style and functionality, making it an ideal choice for those seeking a comfortable and luxurious living experience. Additional updates include the fenced in yard, Radon Mitigation system, smart irrigation system, new roof in 2021, Water heater in 2021, Whole house water filter and softner in 2022, Garage is wired for electric car charging, Bosch 800 series Dishwasher and updated light fixtures.
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| Mar 7, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017