1405 Hoover Drive
About This Property
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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 |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Relisted | $249,900 | |
| Relisted | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by eXp Realty, LLC | $249,900 | |
| Listed by eXp Realty, LLC | |||
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Your Dream Home Awaits! Step into this charming 3-bdrm, 2-bath single-story home with a split floor plan that’s perfect for modern living. The updated kitchen shines with granite countertops, newer shaker-style cabinetry, and a 4-burner gas range, opening seamlessly to the dining and living areas. Natural light pours through a charming atrium and large kitchen windows, creating an inviting vibe. Relax in the cozy living room with a fireplace or retreat to the spacious primary suite featuring a vaulted ceiling, a luxurious ensuite bath with a new spa-like stand-alone shower, and a walk-in closet. Ceiling fans in every room keep things breezy year-round. Step outside to an expansive backyard; perfect for playing catch, planting a garden and more with a covered patio for relaxing, plus a storage shed. Recent updates include an A/C and water heater (2020). This home blends modern upgrades with timeless charm. Don’t wait—schedule your tour today before someone else calls this beauty home!
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About Park Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017