11426 Drummond Drive
About This Property
Enjoy updated bathrooms, a flexible second-floor space, and a chic kitchen with the latest appliances. Relax in the private courtyard accessible from both the dining room and primary suite, or take in the views from the covered patio. Recent upgrades include a brand-new metal roof, electric window shades, new windows, fresh landscaping, plumbing, a water softener, new gutters, full attic restoration and new insulation, a sprinkler system, and custom cabinets.
Situated in a peaceful, well-kept neighborhood, this gem is just minutes away from highways, dining, and shopping. Whether you're relaxing at home or hosting guests, this property offers modern comforts and unbeatable style.
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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 |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Listed by Compass RE Texas, LLC. | $689,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Aug 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 24, 2025 | Relisted | $689,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017