51 Sandy Ridge Rd
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 |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Jan 10, 2024 | Listed by Freedom Real Estate | $1,125,000 | |
| Listed by Freedom Real Estate | |||
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Custom built by Matson Homes & nestled on a private 3+ acre lot in one of Sterling's finest neighborhoods, this home is within walking distance to Sterling National Golf course. The Matsons paid attention to detail and this home is dripping with high end finishes. An entertainer's dream, the open concept living area was designed around the unique 2-sided fireplace. However, the stunning kitchen fit for a chef steals the show. Loaded with cabinets, featuring a sprawling island topped with quartz, and fully equipped with high end appliances. Through an archway the pantry acts as a 2nd kitchen with prep sink, double wall oven\convection microwave, and wine fridge. Finishing off the first floor is a large home office with a large storage room. All bedrooms are large, master features custom closet, tiled shower, and soaking tub with a view. 2nd floor laundry has sink & folding shelf. Engineered hardwood & tile throughout, no carpet. Too many features to list, must be seen to be appreciated.
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| Oct 26, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Oct 4, 2023 | Listed by Freedom Real Estate | $1,100,000 | |
| Listed by Freedom Real Estate | |||
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Nestled in one of Sterlings finest neighborhoods 51 Sandy Ridge is under construction. The first thing you will notice about this custom build is the attention to detail and fine finishes included by Matson Homes. Through the 8 ft tall double front doors iis an entertainer's dream with an open floor plan featuring a double-sided fireplace between dining and family rooms. Amazing kitchen fit for a chef with huge island and over $26k in high end appliances to include 48" fridge and 36" commercial gas range. Both cabinets and quartz are upgraded. Adjacent walk-in pantry has more cabinets, double wall oven and wine fridge. A large office with storage closet finish off 1st floor. Up the hardwood stairs are 3 spacious bedrooms, Master features cathedral ceiling, walk in closet with upgraded shelving, and elegant bath with tiled shower and soaking tub. The front features a farmer's porch with stone pillars and the rear has a composite deck, and 24x12 patio. This is a must-see home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017