88 Sagebrush Drive
About This Property
The upper level boasts a multi-functional loft and a luxurious primary suite complete with a sitting area, trey ceilings, dual walk-in closets, and a spa-like bath. Two additional bedrooms sit upstairs, while a private guest room and full bath reside on the main floor. Finished with a spacious 3-car garage, this home perfectly balances style and storage. Visuals feature a similar home for inspiration. The Nest at Owl's Head includes a Spring fed lake and resort-style pool
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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 25, 2026 | Price Decreased |
$414,350
↓ $500
(0.1%) | |
| Price Decreased | |||
| Aug 15, 2026 | Price Decreased |
$414,850
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jul 5, 2025 | Listed by VCFL Realty LLC | $419,350 | |
| Listed by VCFL Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017