5157 Sulphur Drive
About This Property
The large drive way leads you to this cozy home with beautiful wood floors, surround lighting and NEWLY upgraded electrical panel and NEWLY upgraded tankless water heater.
This home also features an additional NEWLY built 1,000 sqft, 15' celling studio workshop in the back yard that can potentially being converted into a living space or income property. The studio workshop comes with 5 wall units A/C/heater that would keep you cool in the summer and warm in the winter if need be.
The 1/2 acre back yard is perfect for entertaining or park and charge your RV with featured 50amp RV charging station (power outlet). With 7' concre fence and security camera system surround the property, you can enjoy security and privacy with your family all year round, 24-7. Must see!!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 28, 2019 | Sold | ||
| Sold | |||
| Apr 30, 2019 | Listed by KELLER WILLIAMS SIGNATURE RLTY | $549,000 | |
| Listed by KELLER WILLIAMS SIGNATURE RLTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017