87 Sand Oaks Circle
About This Property
The first level includes a spacious two-car garage, private elevator access, and two guest bedrooms, each with its own ensuite bath, offering comfortable accommodations with natural separation from the main living areas.
The second level features a spacious open-concept kitchen and living area designed for both entertaining and everyday living. The kitchen showcases an oversized island, a butler's pantry, and clean contemporary finishes, while the living room is anchored by a gas fireplace. Large glass sliders open to a covered balcony with a summer kitchen overlooking the state forest, creating a seamless indoor-outdoor connection with a genuine sense of quiet and privacy. A third guest bedroom with ensuite bath on this level provides additional flexibility for guests or family.
The third level is dedicated entirely to the primary suite. The bathroom features a wet room concept with a large walk-in shower and soaking tub, and the walk-in closet includes a dedicated washer and dryer. A flex space well suited as an office or workout room and a sun terrace with gas fireplace and views of the state forest canopy and gulf complete the top floor, equally suited to quiet mornings and evening entertaining.
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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 |
|---|---|---|---|
| Jul 24, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by Compass | $2,525,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017