1301 Yellowood 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 |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Price Decreased |
$209,999
↓ $5K
(2.3%) | |
| Price Decreased | |||
| Sep 8, 2025 | Listed by Century 21 Masters | $215,000 | |
| Listed by Century 21 Masters | |||
| | |||
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Welcome to 1301 Yellowood Drive, a delightful 2-bedroom, 2-bathroom home offering 1,344 sq. ft. of comfortable living space in the desirable 55+ gated community of East Lake. This inviting residence combines spacious interiors with a low-maintenance lifestyle, making it an ideal choice for those seeking both comfort and convenience. Inside, you’ll find a bright and open layout with generous living and dining areas designed for relaxation and entertaining. The home also features an inside laundry room for added practicality. The well-planned kitchen provides ample room for meal preparation, while the primary suite includes its own private bath — creating a restful retreat to enjoy at the end of the day. Living in East Lake means more than just a home — it’s a lifestyle. The community offers resort-style amenities including a clubhouse, pool, spa, walking paths, and beautifully maintained grounds. The HOA is approximately $220 per month and covers water, trash, and sewer, adding to the convenience of ownership. With shopping, dining, and medical services just minutes away, 1301 Yellowood Drive offers the perfect balance of comfort, community, and location.
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| Jun 23, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017