10540 DRILLSTONE Drive
About This Property
This 4-bedroom 2-bath beauty, with over 2000 square feet of living space has so much to offer! You're going to be surprised when you see how much space it has and how fabulous the layout is! The formal dining room and living room combo are separated from the family room and kitchen, defining the spaces you want for your family. The porch was enclosed and offers abundant light-filled space-so great for nurturing marvelous house plants year round! The laundry room alone is an enormous space for storage, ironing or crafts! The garage has been converted into a really great playroom which houses a pool table and a built-in bar, with a door to the outside leading to the permanently installed double carport for shade.
The spacious workshop has all the room you need to store your tools and equipment! The lovely, established neighborhood is reminiscent of a kinder, gentler time! Come and 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 |
|---|---|---|---|
| Aug 13, 2024 | Sold | ||
| Sold | |||
| Jul 21, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by The Real Estate Power Houses | $209,000 | |
| Listed by The Real Estate Power Houses | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017