625 Sipes Cir
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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 17, 2023 | No longer available | - | |
| No longer available | |||
| May 13, 2023 | In contract | - | |
| In contract | |||
| May 3, 2023 | Listed by Coldwell Banker West | $899,000 | |
| Listed by Coldwell Banker West | |||
| | |||
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** Listing Agent Sarah Heck 619-504-1857 ** This is the one you have been waiting for! Beautiful 2-story home on a quiet cul-de-sac Sunbow. This home has everything! The downstairs has a fantastic flow between the living room, dining room, and kitchen for a true open concept feel. The kitchen has granite countertops, a breakfast bar, stainless steel appliances, and a huge walk-in pantry. The first floor also features beautiful tile flooring, a separate laundry room and a 1/2 bath. Upstairs you will find all 4 bedrooms, laminate flooring in most areas, and updated bathrooms. The spacious primary bedroom has a private deck for your morning coffee and a large ensuite bath that features dual sinks, separate soaking tub, glass shower, and a walk-in closet with custom shelving. The large back yard is low maintenance and ready for entertaining. It features water wise turf and a beautiful paver patio area, but the best part is the privacy! This home backs up to open space which creates distance between the home and the neighboring houses. Located close to dining, shopping, parks, schools, and easy freeway access. This home has NO HOA and low taxes which helps with overall monthly payment. Buyer to assume Sunrun solar lease. Monthly payment is $130/mo. Its a 25 year lease that was done in 2019. 4th bedroom is currently being used as a loft/living area with no closet. Contact agent for more details. Listing Agent Sarah Heck - (619) 504-1857 The manager has listed the unit size as 2161 square feet.
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| Oct 18, 2022 | No longer available | - | |
| No longer available | |||
| Oct 12, 2022 | Listed by Coldwell Banker West | $899,000 | |
| Listed by Coldwell Banker West | |||
| | |||
|
** Listing Agent Sarah Heck 619-504-1857 ** This is the one you have been waiting for! Beautiful 2-story home on a quiet cul-de-sac Sunbow. This home has everything! The downstairs has a fantastic flow between the living room, dining room, and kitchen for a true open concept feel. The kitchen has granite countertops, a breakfast bar, stainless steel appliances, and a huge walk-in pantry. The first floor also features beautiful tile flooring, a separate laundry room and a 1/2 bath. Upstairs you will find all 4 bedrooms, laminate flooring in most areas, and updated bathrooms. The spacious primary bedroom has a private deck for your morning coffee and a large ensuite bath that features dual sinks, separate soaking tub, glass shower, and a walk-in closet with custom shelving. The large back yard is low maintenance and ready for entertaining. It features water wise turf and a beautiful paver patio area, but the best part is the privacy! This home backs up to open space which creates distance between the home and the neighboring houses. Located close to dining, shopping, parks, schools, and easy freeway access. This home has NO HOA and low taxes which helps with overall monthly payment. But wait...there's more! This home is also approved for special financing that may allow qualified buyers with 20% down to get an interest rate as low as 3.8% on a 30 year fixed mortgage! Buyer to assume Sunrun solar lease. Monthly payment is $130/mo. Its a 25 year lease that was done in 2019. 4th bedroom is currently being used as a loft/living area with no closet. Contact agent for more details. Listing Agent Sarah Heck - (619) 504-1857 The manager has listed the unit size as 2161 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017