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Map
12714 Dermott Drive
About This Property
Enjoy the rare liberty of No HOA. Park your boat, build a workshop, or dream big without the red tape.
Forget the overhead-this home features a durable metal roof already in place.
Situated on over 10,000 sqft. lot with private gate access, it offers a secluded feel and plenty of room for expansion or outdoor entertainment. A 2-car garage plus a carport ensures there is space for every project and vehicle. Bring your contractor and your vision to transform this sturdy structure into the showstopper of the neighborhood. Whether you're looking for your next flip or a custom primary residence, the "good bones" are here-it just needs your finishing touch.
Don't wait-large lots with this much potential don't stay on the market long!
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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 |
|---|---|---|---|
| Oct 14, 2026 | Sold | ||
| Sold | |||
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2026 | Relisted | $165,000 | |
| Relisted | |||
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Price Decreased |
$165,000
↓ $30K
(15.4%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Tower Oaks Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017