5322 Sandy Ridge Ave
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 |
|---|---|---|---|
| Apr 9, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Mar 6, 2025 | Listed by Coldwell Banker Realty 56 | $575,000 | |
| Listed by Coldwell Banker Realty 56 | |||
| | |||
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*$5,000 seller concession available with a full price offer that can be used towards fridge/washer/dryer, or any other use buyer would like!* "Spring" into this wonderful home in sought-after Neighbors Point! Built in 2021 and boasting four bedrooms all on the upper level and three total bathrooms, you'll love the functionality and space this home provides. Good things come in pairs, and this beautiful home is no exception. Why have one pantry, when you can have two? Why have one primary bedroom closet, when you can have two, one of which is a walk in that is 14 feet deep? Why have one bathroom with dual vanities, when you can have two? This home provides an exceptional level of usability and thoughtful design. The three-car garage comes with overhead storage and the amazing backyard boasts a patio, gazebo, peach tree, and raised flower beds with blackberries, blueberries, raspberries, to offer fantastic outdoor living during the warmer months. The open concept living and kitchen with gorgeous granite countertops provides a current living style for the modern homeowner. Did we mention that the home has solar, completely owned and paid off, saving you considerable money in electric bills each month? The large, unfinished basement offers even more in the way of additional versatility, and comes complete with a tankless water heater. This home is sure to go quickly, so don't miss your chance, and schedule a private showing today!
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| Dec 21, 2021 | Sold | ||
| Sold | |||
| Jul 20, 2021 | Listed | $551,090 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017