5616 SAPLINAS 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 |
|---|---|---|---|
| May 8, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed by Home Pros Real Estate Group | $225,000 | |
| Listed by Home Pros Real Estate Group | |||
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Take over this home Subject-To an existing low-interest loan and enjoy a below-market monthly payment—perfect for buyers with a down payment looking to lock in affordable homeownership without jumping through bank hoops.
Located in a great neighborhood with a spacious layout and backyard, this is ideal for someone who values cash flow, equity, or a creative path to ownership.
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| Aug 23, 2021 | Sold | ||
| Sold | |||
| Apr 21, 2021 | Listed by Texas Ally Real Estate Group | $179,999 | |
| Listed by Texas Ally Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017