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1469 Douglas Dr
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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Aug 25, 2024 | Relisted | $670,000 | |
| Relisted | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Pieters Realty | $670,000 | |
| Listed by Pieters Realty | |||
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Imagine a property...in the city...that has ample space for a large family and multi-generational living possibilities. Opportunity to work from home or run a home-based business. Entertain dozens of people all at once. Enjoy the outdoors in your private oasis of flowers and gardens. And have a lot large enough to store equipment, campers, and toys. All from ONE property! Hard to imagine? See it for yourself. For decades this home was the paradise of one family. Their vision of family togetherness, hard work, and pride, shows from the moment you arrive. The backyard is a gardener's dream with perfectly manicured flowers and roses, a designated garden area with raspberry bushes, 2 water features, a gazebo, and a BBQ fire pit. Can't forget the covered concrete patio, playhouse, and play system. Seriously, the yard is big enough you could easily have a volleyball game. Inside you will find a beautifully remodeled kitchen with soft close drawers, quartz counters, and hardwood floors that flow perfectly into the dining room which is flooded with natural light from the bay windows. If it is cold out, turn up the heat with the gas log stove. The main floor bath has also been remodeled with custom tile flooring, shower surround, and backsplash. With dual shower heads and beautiful glass doors, you will never want to get out of the shower. With a dedicated entrance, and a half bath, working from home or operating a home-based business couldn't be easier. The boss even gets their own office. The basement is designed with entertaining in mind. This space is enormous! Pool table, shuffleboard, ping pong, or even indoor corn hole. There is even room to create your very own theater. At intermission or between rounds, wet your whistle at the wet bar. There is a lot here to digest. More than we can put here. But trust us when we say, this is one you have to see for yourself!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017