603 Sagefield Way
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 |
|---|---|---|---|
| Sep 22, 2026 | Listed by eXp Realty | $235,000 | |
| Listed by eXp Realty | |||
| May 12, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Price Decreased |
$130,000
↓ $15K
(10.3%) | |
| Price Decreased | |||
| Mar 3, 2026 | Listed by Ninja Realty | $145,000 | |
| Listed by Ninja Realty | |||
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For Sale: 3-bedroom, 1.5-bath ranch-style home located within the city limits with city water and sewer. The home features a full unfinished basement with good ceiling height and layout, offering strong potential for future finishing or additional usable space. The structure is brick with solid construction and good bones, but the property will require renovation. Known needs include front porch repairs, interior paint, flooring replacement (some flooring is currently missing), and full replacement of the central HVAC system. Existing ductwork is present, but the heating and air unit is not operational and will need to be replaced. The seller states the road is state-maintained, though NCDOT maps currently show it as private, and buyers should verify to their satisfaction. This property may appeal to an owner-occupant with renovation experience or an investor seeking a value-add opportunity. Cash and investment loan offers only. No owner-occupant financing. .
CASH & INVESTMENT LOANS ONLY.
Seller's lender may require an appraisal to provide payoff, and must be a buyer expense. Seller will not pay for appraisal.
PROOF OF FUNDS REQUIRED TO SCHEDULE SHOWING!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017