131 Park Dr
About This Property
Cute Single Story, 3 Bedroom/2 Full Bath with Sitting Porch on Front and Covered Patio in Back with Fire Pit - Metal Roof and Vinyl Siding for Low Maintenance. Immaculate and Move-In Ready! Offers a 2 Car Garage and Large Workshop with Sink - could be a great 4th Bedroom, Game Room, Hobby Room or Office. Features and Recent Updates include: Open Concept Family/Kitchen with Separate Dining Room, Kitchen - Breakfast Bar with Second Separate Sink and Coffee Bar, Lots of Cabinetry Storage and Utility Room In House. Tile and Engineered Wood Flooring, Wood Burning Fireplace. This Property is Walking distance to the Boat Launch, Pier and Waterfront Park and Pavilion for Home Owners - Stroll down for Open Waterfront Views and Covered Relaxation and enjoy the Pier for Fishing. Very Quiet and end of Dead End Road - No Thru Traffic. Survey, Deed Restrictions and Documents Attached.
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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%.
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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.
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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 19, 2025 | Sold | ||
| Sold | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Jul 28, 2025 | Price Decreased |
$364,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jun 21, 2025 | Price Decreased |
$369,900
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Jun 4, 2025 | Listed by Keller Williams Houston Central | $380,000 | |
| Listed by Keller Williams Houston Central | |||
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**WATERVIEW Gem on Almost an Acre** Discover your dream sanctuary! Perfect for those seeking a peaceful residence or private retreat. Imagine yourself in this stunning single-story home, featuring 3-bedrooms and 2-full bathrooms. Relax at the scenic front sitting porch or gather with friends around the fire pit on the covered patio in the back, all encompassed by the beauty of nature. A 2-car garage and an expansive workshop offer countless possibilities: transform it into a 4th bedroom, game room, hobby space, or office. The heart of the home boasts a delightful open-concept area, complemented by a separate dining room. The kitchen boasts a custom breakfast bar and coffee bar, providing ample storage for all your culinary endeavors. Enjoy the warmth of tile and engineered wood flooring, along with a wood-burning fireplace. Embrace the outdoors, walking distance to the boat launch, pier, and waterfront park. Nestled at the end of a quiet, dead-end road, ensuring peace and solitude.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017