735 Sandy Point Lane
About This Property
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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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Price Decreased |
$1,320,000
↓ $29K
(2.2%) | |
| Price Decreased | |||
| Jan 30, 2025 | Price Decreased |
$1,349,000
↓ $90K
(6.3%) | |
| Price Decreased | |||
| Jan 6, 2025 | Listed by Linda R. Olsson, Inc. | $1,439,000 | |
| Listed by Linda R. Olsson, Inc. | |||
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Fabulous Two Story, 4 Bedroom 3.5 Bath home soaring ceilings, open kitchen, with center island open to the family room with access to the covered loggia and pool. First floor master suite with ensuite bath, and large closets. Three bedrooms upstairs with large walk in closets. New roof 2023, new ceiling lighting throughout. Custom kitchen and baths, impact windows, wide plank flooring throughout. Prosperity Harbor is an exceptional gated community, perfectly located near the Beach, Carmines, Whole Foods the PGA Mall, featuring Saks, Nordstroms, Macy's with fabulous restaurants nearby too! Easy access to I-95, and U.S. One too. This Hidden Gem, provides total privacy, peace and quiet, yet you are just a moment away from everything you need!
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Property Highlights
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About Prosperity Harbor North
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$10,000 /mo
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$4,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017