1518 Washington 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 |
|---|---|---|---|
| Jun 14, 2021 | Sold | ||
| Sold | |||
| May 18, 2021 | Listed by Bay Area Elite Properties | $246,900 | |
| Listed by Bay Area Elite Properties | |||
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Located in the heart of Deer Park this home boasts fresh paint, new Luxury vinyl flooring down, upgraded S/S appliances, granite counter tops & vanities, new carpet upstairs & in bedrooms. Lovely home offers a unique floor plan with Master Suite plus game room/loft area up; a true owner's retreat. On the main level enjoy a spacious kitchen that is open to the dining room; a large den with wood-burning fireplace and two secondary bedrooms plus full bath with jetted soaking tub and rainfall showerhead. The large fence yard with open patio is perfect to enjoy time with family and friends. Roof replaced in 2017 and New HVAC installed April 2021. You are just blocks from Deer Parks Dow Park with expansive walking trails, play ground enjoyments, splash pad, community pool and much more. This home is ready to be yours ... Call Today!
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Property Highlights
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About Park Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017