1408 Derby Drive
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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%.
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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.
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, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by Benson Property Group | $279,900 | |
| Listed by Benson Property Group | |||
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Beautiful one story home on a corner lot. This home boasts 3 bedrooms and two full baths with a split room arrangement and has lot of natural light. Great living room with a fireplace and a dining room that can be used as a second living area. The Large kitchen has an island and eat-in dining area making it great for families and entertaining. The master bedroom features double sinks, a separate shower and large walk-in closet. Venture outside to the oversized yard with a shed, large deck and plenty of room to play.
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14561797
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017