58 Sachem 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%.
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 |
|---|---|---|---|
| Jun 1, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 8, 2026 | Listed by Milestone Realty, Inc. | $699,900 | |
| Listed by Milestone Realty, Inc. | |||
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Don't miss this great opportunity to create an amazing home in a fantastic neighborhood with deeded association beach rights just steps away from Long Pond. This home is on a generously sized corner lot amidst several other gorgeous homes. It is a blank slate that has been completely gutted as a result of substantial fire damage and has so much potential to become your Dream Home. List agent can connect you with a licensed and insured builder who has already done a rough assessment of how much it would cost to return the home to it's incredible potential or bring your own Builder and plans to create your masterpiece. All interested parties will need to sign a hold harmless prior to entering the structure to tour it. Buyer responsible for all finals and Title V.
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| May 31, 2024 | No longer available | - | |
| No longer available | |||
| May 29, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017