831 Sunset Drive
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 22, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Wisdom Properties | $799,000 | |
| Listed by Wisdom Properties | |||
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A tropical oasis is what you will find when you step out back of this lovely split-level home. The beautifully landscaped yard is filled with tropical plants creating privacy while you enjoy the pool, with plenty of places to lounge on the surrounding concrete deck or relax by the gas firepit. Wood decking and balconies on the back of the house are in need of repairs. The interior is filled with natural light with large windows, 4 sliding glass doors, and several skylights. A jacuzzi tub in the master bedroom, crown molding throughout, and granite countertops in the kitchen are a few of the other notable features. The 5.7 KW Solar System provides electrical for the house with a separate solar system to heat the pool water. Both systems are owned. There are several bonus spaces in this home including a large finished and carpeted attic space off of the living room, a "Tiki bar" and partially finished sauna under the house on the pool level, and a finished shed with electrical and AC with direct access to a gated turf yard can be used as an office. The front yard is fenced with an automatic gate at the top of the driveway. The extensive use of smooth beach rock in the front landscaping and fireplace adds to the charm of this one-of-a-kind, must-see home!
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| Jun 27, 2014 | Sold | ||
| Sold | |||
| May 8, 2014 | Listed by Maxim Properties | $469,900 | |
| Listed by Maxim Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017