137 Yale Drive
About This Property
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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 |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2023 | Listed by The Corcoran Group | $2,195,000 | |
| Listed by The Corcoran Group | |||
| | |||
|
Welcome to College Park, a ''skip and a jump'' from SoSo. 137 Yale is a renovated 5 BR, 4 BA 3600 sq. ft. home. The original part of the house was added on to with a 2500 sq. ft. addition that includes a new living area, 2 main floor bedrooms, and a new master suite on the 2nd floor. Now a 5 bedroom, 4 bath home with a tropical yard and newly resurfaced lap pool. The new kitchen has professional appliances, 42'' gas range, wine storage, and a large center island. There is an upstairs laundry, and a laundry in the 2 car garage. Most of the windows are impact glass, with a shutter system for the original windows. You walk in to the original formal living room area that opens to the new kitchen and living areas. This is an As-Is sale, the home needs several maintenance issues addressed. All of the floors are new 48" porcelain tiles throughout the 1st floor. The pool deck has all new marble tiles, the pool surface and coping are all new. The backyard, covered balcony, and lower deck make for a great backdrop to the outdoor entertaining areas. The 2nd floor has 2 guest rooms, and the primary bedroom suite. The roof was completely replaced in 2017 with white cement tiles. The addition is all CBS construction, and impact glass, the original part of the home is wood-frame construction from the 1940's.
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| May 3, 2021 | Sold | ||
| Sold | |||
| Mar 14, 2021 | Listed by The Corcoran Group | $995,000 | |
| Listed by The Corcoran Group | |||
| May 1, 2001 | Sold | ||
| Sold | |||
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About College Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017