508 SAN SABA Road
About This Property
As you step inside, you will be greeted by two living spaces that include a spacious living room with a cozy fireplace and a second living space perfect for relaxation and entertainment. The living room flows seamlessly into a modern kitchen with an island, ample storage space, modern SS appliances.
Additionally, this home boasts a sunroom that could be used as an office, providing a comfortable and bright space to work from home. The sunroom also has a new mini-split for your comfort.
The house also comes with a brand new refrigerated air unit that keeps the house cool and comfortable throughout the year. The backyard has a new modern-looking fence that provides privacy and security.
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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 7, 2023 | Sold | ||
| Sold | |||
| Feb 23, 2023 | Listed by The Real Estate Power Houses | $299,950 | |
| Listed by The Real Estate Power Houses | |||
| Jul 25, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by Irma C. Valenzuela Realty | $215,000 | |
| Listed by Irma C. Valenzuela Realty | |||
| | |||
| Oct 26, 2021 | Listed by Irma C. Valenzuela Realty | $237,000 | |
| Listed by Irma C. Valenzuela Realty | |||
| | |||
Property Highlights
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About Sunland Park North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017