23
Map
1121 Mayors Drive
About This Property
Welcome to this inviting brick rancher, perfect for first-time homebuyers or savvy investors! This home features three spacious bedrooms and one and a half baths, offering ample space for comfortable living. With central air and heat, you'll stay cozy year-round.
The attached carport provides convenient parking and easy access to the home. Each bedroom is equipped with ceiling fans, ensuring a pleasant atmosphere throughout. While the home is in need of some updating, it's a blank canvas ready for your personal touch.
Located in a well-established neighborhood, you'll enjoy easy access to all city amenities, making shopping, dining, and recreation just moments away. Don't miss the opportunity to make this home your own!
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Cap Rate Calculator
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 10, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | Listed by RE/MAX Preferred Properties Pigeon Forge | $299,500 | |
| Listed by RE/MAX Preferred Properties Pigeon Forge | |||
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Charming Brick Rancher in Established Neighborhood
Welcome to this inviting brick rancher, perfect for first-time homebuyers or savvy investors! This home features three spacious bedrooms and one and a half baths, offering ample space for comfortable living. With central air and heat, you'll stay cozy year-round.
The attached carport provides convenient parking and easy access to the home. Each bedroom is equipped with ceiling fans, ensuring a pleasant atmosphere throughout. While the home is in need of some updating, it's a blank canvas ready for your personal touch.
Located in a well-established neighborhood, you'll enjoy easy access to all city amenities, making shopping, dining, and recreation just moments away. Don't miss the opportunity to make this home your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017