631 Sara Drive
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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%.
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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 |
|---|---|---|---|
| Dec 18, 2020 | Sold | ||
| Sold | |||
| Nov 1, 2020 | Listed by RE/MAX Central | $120,000 | |
| Listed by RE/MAX Central | |||
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|
Beautiful completely updated home in the lovely 55+ community of Silvermead. This 2 bedroom, 2 bath home has wood floors and newer carpet . Home sits back off the road. Kitchen has been updated with granite countertops and Stainless Steel appliances. Home features an enclosed porch of the kitchen with sliding doors for access. The Maintenance fee includes water, sewer, snow removal, lawn cutting, garbage and recycling pick up, land lease, taxes and club house activities. Close to Route 9 and major transportation .
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| May 13, 2019 | Sold | ||
| Sold | |||
| Feb 1, 2019 | Listed by Long & Foster Real Estate, Inc. | $99,999 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Silvermead is a 55+ neighborhood.This home has been totally upgraded from top to bottom. This 2 bed 2 bath set back deep on the road on private lot is immaculate. Nothing to do but bring your belonging. Updates include: new Pergo floors and carpet, new windows, baths, kitchen with granite tops and s.s. appliances. Relax with a glass of wine or coffee on your enclosed porch. Maintenance/lot fee includes water, sewer, snow removal, lawn cutting, garbage & recycling pick up, land lease, taxes and club house with pool and activities. Close to Rt. 9, shopping and transportation.
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| Sep 24, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017