1116 Deardon DRIVE
About This Property
The home has been** REPIPED** IMPACT WINDOWS**NEW ROOF 2022**NEWLY POURED CONCRETE DRIVE WAY**Sliders are newer non-impact but are protected by a Hurricane Screen which completely protects the covered lanai.
The desirable split floor plan provides a separate wing for the master bedroom and the remodeled master bath, with a large walk- in shower and large walk-in closet. The guest wing has THREE large bedrooms and a full bath. Granite countertops, stainless steel appliances and new cabinetry add to the beauty and warmth of the kitchen. Close to Venice Beaches, restaurants, and shopping. COME SEE HOW SPECIAL THIS HOME IS...
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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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | In contract | - | |
| In contract | |||
| Mar 17, 2024 | Price Decreased |
$628,900
↓ $6K
(1%) | |
| Price Decreased | |||
| Jan 22, 2024 | Listed by PREFERRED SHORE | $635,000 | |
| Listed by PREFERRED SHORE | |||
| May 4, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017