6133 Sorrel Drive
About This Property
Double doors welcome you into the vaulted entry way and in-law quarters to the side. In-law quarters have their own enclosed living room, 3/4 bath, and separate side entry. Make your way into the spacious kitchen, family room, and dining room. Buyer's choice of backsplash in the kitchen is included. A dog shower and plumbing preparations for a water filter/softener system is included in the garage. The backyard is ready for entertaining with the covered patio stretching across the entire back of the home.
Upstairs features 4 bedroom (one is the master) and a loft. The master bedroom features a balcony, separate tub and shower, the largest closet you've probably ever seen, and its own laundry room.
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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 |
|---|---|---|---|
| Jul 5, 2023 | Sold | ||
| Sold | |||
| Mar 29, 2023 | Listed by Tropicana Realty | $595,950 | |
| Listed by Tropicana Realty | |||
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Last Updated: 5 months ago
Data Source: GEPAR, MLS# 878874
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017