1331 Diamond Drape Drive
About This Property
This two-story brick home in the master-planned community of Sterling Lakes West offers mature landscaping, an open-concept design, bright, airy rooms, and abundant storage. The main level features a spacious living room, an open dining area, a well-appointed kitchen, a convenient half bath, and a private primary suite with a spa-like bath and a large walk-in closet.
Upstairs, enjoy an impressive game room, four generous bedrooms, and two full baths. The fully fenced backyard has no rear neighbors, offering extra privacy. A 2-car garage completes the home.
Sterling Lakes offers top-tier outdoor amenities, including a covered basketball court, tennis courts, playgrounds, and more! Schedule your tour today!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 10, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Price Decreased |
$270,000
↓ $20K
(6.9%) | |
| Price Decreased | |||
| Apr 22, 2025 | Listed by Orchard Brokerage | $290,000 | |
| Listed by Orchard Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017