85124 SANDY RIDGE Loop #0014
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Price Decreased |
$482,900
↓ $7K
(1.4%) | |
| Price Decreased | |||
| Aug 22, 2024 | Price Decreased |
$489,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Jun 27, 2024 | Price Decreased |
$499,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/15/2023
|
3 Bed
|
2 Bath
|
2188 ft²
|
$528,900
3 Bed
2 Bath
2188 ft²
|
$482,900
-8.70%
11/06/2024
|
LARRY LANIER
MONOGRAM REALTY INC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017