5445 SORBY HWY
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 |
|---|---|---|---|
| Oct 27, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2021 | No longer available | - | |
| No longer available | |||
| Sep 22, 2021 | Listed by RE/MAX MID-MICHIGAN R.E. | $429,900 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
| Jun 17, 2020 | No longer available | - | |
| No longer available | |||
| Jun 12, 2020 | Listed | $309,900 | |
| Listed | |||
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Sprawling ranch home on 20 acres of rolling land overlooking a pond. Full walkout basement ready to be finished. Large deck off back off the dining area overlooking the back yard and woods. Newer metal roof on house and pole barn. Large pole barn 40 x 62 with cement floor, electric and water. Pole building has 12 ft sides and an 11 ft roll up door. The manager has listed the unit size as 1792 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017