1317 Clarks Drive
About This Property
The inviting living room showcases a floor-to-ceiling brick fireplace as its centerpiece, complemented by a vaulted ceiling with an exposed wood beam that adds warmth and character. The spacious primary suite offers a generous layout with an ensuite bathroom featuring dual sinks within an extended vanity, a separate water closet, and plenty of room for storage and comfort. Both guest bedrooms are also impressively sized, making them ideal for family, guests, or a home office setup. The kitchen, located toward the front of the home, includes stainless steel appliances, beautiful countertops, and a tiled backsplash that ties the space together with a modern touch. Outdoor living is equally inviting with a covered front porch and a covered back patio, plus an additional expanded uncovered area perfect for grilling or seating. The very large fenced backyard offers mature shade trees, plenty of room for activities, and a sizable metal storage building for tools, hobbies, or extra space. Enjoy the added benefit of notably low electric bills thanks to the home's solar panels-an energy-efficient upgrade that provides ongoing savings. This property blends comfort, practicality, and charm-ready to welcome its next owners.
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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 |
|---|---|---|---|
| Mar 24, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Feb 13, 2026 | Listed by KW SYNERGY* | $265,000 | |
| Listed by KW SYNERGY* | |||
| Dec 16, 2020 | Sold | ||
| Sold | |||
| Sep 29, 2020 | Listed by Hatchett & Company Real Estate | $165,000 | |
| Listed by Hatchett & Company Real Estate | |||
| | |||
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3 bedroom, 2 bath split bedroom plan, big living with corner fireplace. separate kitchen dining area, separate utility, covered patio, wood privacy fence, storage building
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About Abilene
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017