1225 Evergreen 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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | Listed by Post Oak Realty, LLC | $417,500 | |
| Listed by Post Oak Realty, LLC | |||
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 24, 2024 | Listed by Coldwell Banker Apex, REALTORS | $265,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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**MULTIPLE OFFERS RECEIVED: HIGHEST & BEST DUE BY 8:00 PM, THURSDAY, 8-29-2024!** Opportunity Knocks in Richardson Heights! This investor special in highly sought-after Richardson Heights subdivision offers a unique opportunity for those with a vision. While it requires some foundation work, this home boasts several valuable features. Two generously sized living areas and a separate dining area, provide ample space for comfortable living and entertaining. A relic from the past - Cuban missile crisis era 16x14 bomb shelter provides a secure and unexpected bonus, perfect for storage or as a unique space to customize. The roof, water heater, and HVAC system are all relatively new, ensuring peace of mind for years to come. With a little TLC, this property has the potential to be transformed into a beautiful and functional home. This home is being sold in its current condition, providing a blank canvas for your renovation vision. Don't miss out on this chance to invest in a prime location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017