1381 Mandrake Way
About This Property
This charming two-story house features five bedrooms and three full bathrooms, offering plenty of room for a growing family or hosting guests.
The layout includes a welcoming living area, a separate family room that open up to a kitchen with ample storage, and a formal dining space perfect for the holidays.
Upstairs, you'll find the master suite with a private bath, along with additional bedrooms and bathrooms for convenience. The home also boasts a cozy and luscious backyard, ideal for outdoor relaxation and entertainment.
This home is also on of very few communities with low HOA fees.
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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 |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Relisted | $610,000 | |
| Relisted | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $610,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017