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8622 Sorrel Meadows Drive
About This Property
This beautifully maintained residence features a charming brick exterior with an inviting front porch. Step inside to a spacious open-concept layout, perfect for modern living and entertaining. The gourmet kitchen overlooks the breakfast area and family room, and is equipped with appliances and elegant finishes.
The primary suite offers a serene view of the backyard and includes a luxurious en-suite bath with dual vanities, a separate soaking tub, a walk-in shower, and two generous walk-in closets. High ceilings and exquisite fixtures add a touch of sophistication throughout the home. Additional features include window blinds throughout, a full sprinkler system, a recently replaced roof, fresh interior paint, and an A/C unit that is just two years old. Conveniently located near top-rated schools, shopping, dining, and more - this home is move-in ready and truly a must-see!
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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 |
|---|---|---|---|
| Dec 4, 2025 | Sold | ||
| Sold | |||
| Nov 11, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2025 | Listed by AVILA REALTY | $310,000 | |
| Listed by AVILA REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017