lot 71 Sapphire Park
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 |
|---|---|---|---|
| Dec 15, 2022 | Sold | ||
| Sold | |||
| Mar 4, 2022 | Listed by LAER Realty Partners | $303,000 | |
| Listed by LAER Realty Partners | |||
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Use 420 Pearl Street for address to entrance. "The Gem" model in Sapphire Park. A Brand new unique development of manufactured homes. This adult community built and designed for the 55 and over life style. Come walk the lot, What could be better than brand new. Loaded with features. 2x6 construction, 5 / 12 Roof pitch. 2 car garage. Too much to list. This home is not yet built.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017