3
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560 Sparrow Court
About This Property
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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 |
|---|---|---|---|
| Jul 19, 2026 | Price Decreased |
$441,200
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Increased |
$446,600
↑ $10K
(2.3%) | |
| Price Increased | |||
| May 15, 2026 | Price Increased |
$436,600
↑ $17K
(4%) | |
| Price Increased | |||
| Sep 22, 2025 | Listed by Weichert Realtors | $419,700 | |
| Listed by Weichert Realtors | |||
| Nov 25, 2024 | Listed | $18,000 | |
| Listed | |||
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*** STREAMFRONT LOT *** Walk to the Lake Beach *** This property Already has a Foundation/Slab on it, What a Fabulous Location to Build Your Dream Home or Just Hold on to it and Build Later on... While still Making use of all the Amenities the Community has to Offer., Amenities Include - Outdoor Swimming, Outdoor Tennis Cts, Lake with Beach Area, Clubhouse. Come Check it out, Schedule your Private Viewing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017