1180 Drake Road
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%.
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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 |
|---|---|---|---|
| Feb 4, 2021 | Sold | ||
| Sold | |||
| Nov 23, 2020 | Listed by Gilbert Realty and Development | $219,900 | |
| Listed by Gilbert Realty and Development | |||
| May 17, 2019 | No longer available | - | |
| No longer available | |||
| Apr 24, 2019 | Listed | $210,000 | |
| Listed | |||
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Own a piece of Vermont in this beautiful tranquil setting on an acre of land with stunning views of Birdseye Mountain off a spacious back deck. Come view this 4 bedroom home with newer family room, complete with gas stove, newer flooring and plenty of windows to enjoy the views. The large dining area opens to the living room with handsome stone fireplace with wood insert. Upstairs offers 4 bedrooms with large master, master bath and walk-in closet. Outside, there is a detached 2 car garage, above ground pool and did I mention those views off the back deck? Updates to include: roof in 2012, oil tank 2018, gas stove 2006, above ground pool 2014, sliding doors 2006, hot water heater, several newer windows, septic 2008. In 2012, seller invested nearly $25,000 towards energy audit and weatherization of the home/insulation. The manager has listed the unit size as 2208 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017