5580 Sugar Hill Road
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 27, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Listed by J. Peterson Realty & Associate | $329,800 | |
| Listed by J. Peterson Realty & Associate | |||
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This unique property offers a versatile opportunity as a shared compound or an investment rental. The main residence is a completely remodeled 2-bedroom, 2-bathroom house featuring a circular driveway. Also located on the property is a freshly updated single-wide trailer. New HVAC, New roof, New flooring. Both properties have storage buildings for extra storage space. The property has a completed survey for those interested in separating the two dwellings. A shared well agreement will be filed at the time of closing. This location is conveniently situated near I-40, providing an easy commute.
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| Oct 22, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017