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72589 Sullivan Road
About This Property
Enjoy extensive upgrades including new flooring, double-pane windows, doors, and ductless mini-split heating & A/C systems in every room for year-round comfort.
The fully remodeled kitchen features stainless steel appliances (range, hood, refrigerator), new cabinetry, quartz countertops, floating upper shelves, and updated sink and fixtures.
Bathrooms have been thoughtfully renovated with floor-to-ceiling tile, updated vanities, new toilets, and modern finishes throughout.
Outside, enjoy a fully fenced yard ideal for pets or children, mature shade trees, and beautiful National Park views. Conveniently located within walking distance to open wilderness areas and outdoor recreation.
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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 |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$275,000
↓ $25K
(8.3%) | |
| Price Decreased | |||
| Jun 13, 2026 | Price Decreased |
$300,000
↓ $25K
(7.7%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by Joshua Tree Modern | $325,000 | |
| Listed by Joshua Tree Modern | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017