1218 Piedmont Drive
About This Property
The owners have kept it in excellent shape and added many updates. You will find modern fixtures, fresh paint, quality flooring, and updated countertops and backsplash that feel bright and current. The home also includes a cozy fireplace plus newer appliances, HVAC, water heater, windows, and garage door opener.
Plus, the oversized laundry and pantry give you extra storage, while the sunny sunroom and well-kept backyard offer nice outdoor space. Solar panels are paid off at closing to help with energy costs.
This is a beautiful ready-to-move-in home!
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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 |
|---|---|---|---|
| Jun 4, 2026 | No longer available | - | |
| No longer available | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Listed by Ekdahl Real Estate STAMFORD | $299,999 | |
| Listed by Ekdahl Real Estate STAMFORD | |||
| Dec 1, 2025 | No longer available | - | |
| No longer available | |||
| Mar 29, 2024 | Listed by RE/MAX Big Country | $259,000 | |
| Listed by RE/MAX Big Country | |||
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This stunning home is up for sale with many updates and improvements, one being solar panels! The property is centrally located in the heart of all things new in the ACU area and has been impeccably maintained and renovated. With 3 bedrooms and 2 full sized bathrooms along with a cozy fireplace, this is a turn key dream home! The home's interior boasts modern fixtures and bright accents, with carefully selected flooring, paint, backsplash and countertops giving it a fresh and contemporary look while retaining its original charm. The house also comes equipped with updated appliances, garage door opener, HVAC, water heater, and windows. The oversized laundry and pantry area and the sweet sunroom are also nice surprises with this home. Step outside to a huge backyard that features a storage shed or workshop for all your hobbies and projects. This is an amazing opportunity to own a charming home in Abilene. Solar panels will be paid at closing. If you are interested, make sure to act fast.
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About Abilene
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017