8 Sagamore Drive #8
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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Jul 22, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by Baker Real Estate NY Corp | $999,000 | |
| Listed by Baker Real Estate NY Corp | |||
| | |||
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Spectacular First Floor Large 2 BR 2.5 bath Villa with large Finished Basement!! Country Club Lifestyle! This beautiful Villa includes a 1 Car Garage, Spacious rooms, Master Bedroom suite, Walk in Custom Closets, Wood floors, Many high hats, Custom Granite Kitchen, Gas cooking, Landscaped Yard with Patio & Grill. The hamlet has Tennis, Pickle Ball Courts, indoor & outdoor Pools, Spa, Gym, Restaurant, Basketball, and so much more. This sought after Villa won't last. Must see., Additional information: Interior Features:Lr/Dr
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/30/2024
|
2 Bed
|
3 Bath
|
1949 ft²
|
$999,000
2 Bed
3 Bath
1949 ft²
|
$924,000
-7.51%
09/04/2024
|
Lynda Baker
Lynda Baker Realty Corp
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017