56 Sanborn Drive
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%.
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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 |
|---|---|---|---|
| Aug 25, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $375,000 | |
| Listed | |||
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Fabulous Colonial on wonderful corner lot surrounded by woods. This home offers 3 bedrooms with a private master bath and walk in closet, beautiful large windows that let natural light in throughout the day. The gleaming hardwood floors and wood fireplace with a stunning polished granite mantel shows the quality of the home. The eat in kitchen has french doors that open up to a deck and screened in porch, perfect for quiet dinners or entertaining. The basement is finished for a fabulous game room or family room. The spacious colonial offers a versatile floor plan that would delight all buyers. The outside's curb appeal is attractive offering a wooden fence and graceful landscaping. The home catches your eye as soon as you drive into the neighborhood. This stunning home is centrally located with easy commutes to Newmarket, Exeter, Durham, Dover or Portsmouth and just minutes to 125. Amtrak and CJ bus are also a short distance away.The manager has listed the unit size as 2372 square feet.
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| May 23, 2017 | Listed by BHG Masiello Durham | $375,000 | |
| Listed by BHG Masiello Durham | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017