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5603 Sapp Road
About This Property
The grounds are truly breathtaking, showcasing two chapels-one traditional and one outdoor chapel nestled among the piney woods-along with a serene pond accented by a bridge to a private island, creating a peaceful and picturesque setting. Mature trees, expansive open space, and a secure gated entrance enhance the sense of seclusion and tranquility throughout the estate.
Designed for those seeking a refined lifestyle immersed in nature, this one-of-a-kind property offers endless possibilities as a private family compound or luxury retreat-style residence. A rare opportunity to own an estate of this magnitude, where elegance, serenity, and privacy come together seamlessly.
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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 |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Dec 31, 2025 | Listed by Hill McCray Realty Group | $3,950,000 | |
| Listed by Hill McCray Realty Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/31/2025
| |
Loft
|
7 Bath
|
13066 ft²
|
$3,950,000
Loft
7 Bath
13066 ft²
|
$3,575,000
-9.49%
01/05/2026
|
Teresa Hill
NB Elite Realty
|
|
05/08/2019
| |
10 Bed
|
11 Bath
|
17948 ft²
|
$989,000
10 Bed
11 Bath
17948 ft²
|
$950,000
-3.94%
05/12/2020
|
Eric Depoy
Keller Williams - The Woodlands
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017