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1229 Coventry Drive
About This Property
The thoughtful layout places bedrooms and bathrooms on both sides of the home, giving the floor plan excellent separation and flexibility for guests, office space, hobbies, or extended living needs. The spacious living area offers room for dining, entertaining, media, or additional gathering space, centered around a tiled fireplace.
The gated side access provides additional parking options, while the flat backyard offers room for outdoor living and future possibilities. Buyer to verify all permits, square footage, bathroom count, improvements, zoning, and any potential ADU options with the appropriate city/county authorities.
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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 |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$1,295,000
↓ $25K
(1.9%) | |
| Price Decreased | |||
| Mar 24, 2026 | Price Decreased |
$1,320,000
↓ $50K
(3.7%) | |
| Price Decreased | |||
| Feb 9, 2026 | Price Decreased |
$1,370,000
↓ $60K
(4.2%) | |
| Price Decreased | |||
| Jan 29, 2026 | Listed by UNIVERSAL ELITE REALTY | $1,430,000 | |
| Listed by UNIVERSAL ELITE REALTY | |||
| Oct 5, 2021 | Sold | ||
| Sold | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017