11 & 33 Drakus St
About This Property
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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 |
|---|---|---|---|
| Dec 20, 2022 | Sold | ||
| Sold | |||
| Nov 23, 2022 | In contract | - | |
| In contract | |||
| Nov 16, 2022 | Listed by RE/MAX Insight | $150,000 | |
| Listed by RE/MAX Insight | |||
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Potentially 2 Buildable Lots -11 Drakus Rd (19,602 square foot lot) and 33 Drakus Rd (35,719 square foot lot.) . Lots are located on a paper street that would need to be approved by the town and road would need to be built by the buyer . Lots are located at the end of Homefield Ave and have small street frontage and access to water and sewer on Donohue RD. All Buyers must be accompanied by there agents in order to walk the lots . Land and lots will be sold with all personal property to remain
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017