1005 Park Drive
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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 |
|---|---|---|---|
| Apr 21, 2021 | Sold | ||
| Sold | |||
| Jan 9, 2021 | Listed by Ever Agent | $259,000 | |
| Listed by Ever Agent | |||
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Can you picture yourself enjoying the bay views and bay breeze from the big front porch or the quaint gazebo out front of this grand home. Walking distance to Sylvan Beach Park and close to shopping & entertainment. There are also beautiful bay views upstairs and downstairs from the newly installed opulent windows (2020). Another addition is the large newly constructed (2019) fenced in back yard with a relaxing fire pit to sit around and enjoy. The back porch is fully covered with lots of room for a nice patio set to unwind on. Foundation has been restored in November 2020. The previous owner used this home as a vacation rental which produced an exceptional amount of income. Schedule a showing NOW!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017