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4808 Sandra Lynn 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 |
|---|---|---|---|
| Oct 23, 2026 | Listed by eXp Realty, LLC | $215,000 | |
| Listed by eXp Realty, LLC | |||
| Oct 13, 2026 | No longer available | - | |
| No longer available | |||
| Jul 29, 2026 | Listed by Jason Mitchell Real Estate Texas | $264,069 | |
| Listed by Jason Mitchell Real Estate Texas | |||
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Recently renovated 4-bedroom, 2-bath home offering an open-concept floor plan with modern farmhouse-inspired finishes. The spacious living, dining, and kitchen areas flow seamlessly together, creating a functional layout for everyday living and entertaining. The kitchen features butcher block countertops, floating shelves, a herringbone tile backsplash, updated cabinetry, and modern appliances. Additional improvements completed prior to the current ownership include updated HVAC, plumbing, windows, garage door, recessed lighting, and contemporary ceiling fans throughout.
Following the seller's purchase, the property experienced water intrusion during heavy rainfall. The primary bedroom, primary bathroom, laundry room sustained damage and will require repairs. This home is being sold AS IS, WHERE IS. The seller will make no repairs or provide repair credits. Buyers are encouraged to perform all desired inspections and independently verify the property's condition, square footage, schools, and all other information. Opportunity with excellent potential for buyers looking to renovate and build equity. Conveniently located near major highways, shopping, dining, parks, and schools, this property offers a desirable location with easy access to everything Mesquite has to offer. Contact Listing Agent for offer instructions. Proof of funds or lender pre-approval must accompany all offers. Buyers are responsible for conducting their own due diligence regarding the property's condition and suitability for their intended use.
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| Jan 21, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017