561 Sipes Circle
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 |
|---|---|---|---|
| Jan 25, 2019 | No longer available | - | |
| No longer available | |||
| Jan 3, 2019 | Listed | $629,900 | |
| Listed | |||
| | |||
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This is a two story home, well maintained located in the Sunbow area. There is no HOA fees and have a low MelloRoos. This home has been upgraded with spacious kitchen, granite countertop, breakfast nook and a large walk-in pantry. This is an open floor plan. This backyard is spacious and easy to maintain, has patio, gazebo and wall retainers for seating and planting. Perfect for families who love to entertain or relax in their own backyard. It is close to shopping, restaurants, park, school & FW805. The manager has listed the unit size as 2161 square feet.
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| Mar 27, 2013 | Sold | ||
| Sold | |||
| Feb 14, 2013 | Listed by Coldwell Banker West | $420,000 | |
| Listed by Coldwell Banker West | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017