1407 Tucumcari 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 |
|---|---|---|---|
| May 20, 2026 | No longer available | - | |
| No longer available | |||
| Jan 22, 2026 | Listed by Camelot Realty Group | $299,000 | |
| Listed by Camelot Realty Group | |||
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Welcome to an exciting opportunity full of potential! This home features a classic floor plan just waiting for your vision. The main level offers a spacious living room with a fireplace, a kitchen with adjacent breakfast area, a formal living room or den, a formal dining room currently converted to a separate room (easily converted back), and a conveniently located laundry room. Upstairs, you’ll find all bedrooms, including a generous primary suite with a walk-in shower, walk-in closet, and access to the upper balcony. Secondary bedrooms are well sized, with one also offering balcony access; a full bathroom completes the second level. With some TLC this property presents a fantastic investment or renovation opportunity. The garage has been finished out as additional living space but can easily be converted back to a traditional garage if desired. A great chance to add value and make it your own!
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| Sep 22, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Keller Williams Realty | $250,000 | |
| Listed by Keller Williams Realty | |||
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Gorgeous Home! Located in beautiful Ponderosa Forest subdivision. Great curb appeal as you pull in with well maintained landscaping and huge front porch. As you enter the home there is large study to the left and formal dining to your right - both with two large windows that give off a lot of natural light. Through the formal is a spacious kitchen that offers a ton of cabinet and counter space for storage. Off the kitchen is the breakfast room, 1/2 bath, and family room. Family room offers custom built-ins and a beautiful white brick fireplace. Head upstairs and you will find the master that has an en-suite. Gorgeous en-suite has his and her sinks and a large custom walk in shower w/bench. Massive balcony with private entry from master and guest bedroom. Secondary bedrooms/closets and bathroom complete the upstairs. Enjoy your evenings under the covered patio and the backyard offers ample space for a pool and/or swingset. Schedule a showing today, this home will not last.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017