35
Map
1407 Rowan DR
About This Property
The upstairs presents an airy secondary living space, perfect for a place to relax and enjoy hobbies or just some quiet time; TONS of additional storage- closests and attic space- and 3 bedrooms with 2 adjoining bathrooms.
The stunning pool in the backyard features space for conversation and relaxation on the semi-circular, in-pool bench opposite the steps. Beautiful landscaping throughout reduces the need for maintenence and adds to the tranquil ambiance. The lot is featured in an established neighborhood and is not attached to an HOA and in the heart of Georgetown
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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 |
|---|---|---|---|
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Price Decreased |
$565,000
↓ $14K
(2.4%) | |
| Price Decreased | |||
| Jun 27, 2024 | Price Decreased |
$579,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jun 12, 2024 | Listed by Keller Williams Realty Lone St | $589,000 | |
| Listed by Keller Williams Realty Lone St | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017