508 Sandpiper Court
About This Property
The split floor plan features two bedrooms and a full bathroom at the front of the home, while the private primary suite is tucked away in the back. The open-concept kitchen and living area is sure to impress. The living room features a brick fireplace, oversized picture windows that showcase the view, warm wood beams overhead, and an abundance of natural light.
The kitchen boasts upgraded ceiling-height cabinetry, double ovens, a built-in beverage refrigerator, and an oversized white oak island. The upgrades continue throughout the home with designer tile in the bathrooms, white oak flooring, and upgraded countertops, hardware, and lighting.
Imagine sitting on your back porch, watching deer graze by the pond and enjoying the pleasure of fishing right in your own backyard! Don't miss this rare opportunity to enjoy lakefront living in one of Aledo's most desirable communities.
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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 7, 2026 | Sold | ||
| Sold | |||
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | No longer available | - | |
| No longer available | |||
| Jul 23, 2026 | Listed by League Real Estate | $485,000 | |
| Listed by League Real Estate | |||
| Jun 3, 2026 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017