98 Sagamore Drive
About This Property
Upstairs, the luxurious primary suite boasts a walk-in closet and spa-like bath with a jacuzzi tub. Three additional generously sized bedrooms and a full bath provide ample space for family and guests. A full finished basement and spacious two-car garage. Outside, enjoy a private patio.
Beyond your doorstep, experience resort-style living with unparalleled amenities, including 24/7 gated security, concierge service, a clubhouse with a restaurant, fitness center, and even an on-site hair salon. Enjoy summers by the pool, friendly matches on the tennis or pickleball courts, and fun-filled days at the playground, basketball court, or putting green. Plainview-Old Bethpage school district.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017