1229 Amherst Drive
About This Property
Discover the perfect blend of character and practicality in this well-built 4-bedroom, 1.5-bath home. Thoughtfully designed with built-in shelves in the entry and living room, this home features oak wood floors beneath the carpet and tile flooring in the kitchen, bathrooms, dining area, and laundry room.
The kitchen boasts granite tile countertops, while ceiling fans in all bedrooms, the dining area, and the flexible bonus room enhance comfort year-round. The bonus room-currently categorized as a bedroom-offers endless possibilities as a game room, entertainment space, or home office. The home's north-facing orientation allow for excellent airflow when windows are open.
The exterior is built for durability and low maintenance, with a combination of brick and aluminum cladding. The fenced yard provides a private outdoor space, complemented by drought-resistant landscaping. A garage door opener adds convenience.
Located just north of University Blvd or 380, this home offers easy access to shopping, dining, entertainment, and everyday essentials. With a competitive price of $300,000, this is an excellent opportunity to own a well-maintained home in a fantastic location. Schedule your showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 29, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Price Decreased |
$289,900
↓ $10K
(3.4%) | |
| Price Decreased | |||
| Jan 30, 2025 | Listed by eXp Realty | $300,000 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017