12 Davis Drive
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 |
|---|---|---|---|
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Sep 26, 2023 | In contract | - | |
| In contract | |||
| Jun 27, 2023 | Price Decreased |
$1,599,000
↓ $100K
(5.9%) | |
| Price Decreased | |||
| Jun 1, 2023 | Listed by Houlihan Lawrence Inc. | $1,699,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Soaring ceilings, open flow and great living spaces define this 5 bedroom modern home privately nestled on quiet Davis Dr. in Armonk. A massive deck and recently resurfaced gunite pool provide wonderful outdoor enjoyment spaces. Enter into a two story foyer with views to nature. The scale of the rooms invite comfortable living including two story living room and music/game room. First level additionally offers an ensuite bedroom and office/playroom. Large primary suite with dressing area. Wood floors under all carpeted bedrooms and stairs to 2nd level. Have fun in the finished lower level (1038SF included in total) with the wet bar, recreation room and full bath with changing area for the pool. This home has been well cared for. Home is currently assessed at a value of approximately $1,787,000 making it a candidate for potential grievance.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017