1603 Hawthorne Drive
About This Property
The minute you enter its spacious front courtyard through your private iron gate, you are in your relaxing oasis in the heart of the city. Following through the side yard, you'll discover another backyard with mature trees and large concrete patio.
The inside was updated with modern designs while keeping some original touches. The open floor plan with vaulted living room creates a warm, inviting atmosphere perfect for entertaining or relaxing with family and friends. The entire house is updated with all new natural LED light, remote controlled fans, fresh paint, new vanities, matching high end quartz, Luxury waterproof LVP flooring throughout and a brand new electric panel. The gourmet kitchen features high end quartz countertop, solid wood customized made cabinets with fresh paint, stainless steel appliances, double oven, the pendant & recessed lighting provide a warm ambiance. All four bedrooms have its own full bathroom with standing showers. There are two large master suites, one upstairs and one downstairs. The downstairs suite is designed with an additional flex room that accesses the backyard, a separate laundry room, dual vanities and large walk-in shower. The upstairs suite is a true retreat, complete with huge bathroom that features a soaking tub, 2 large vanities with high end quartz, a walk-in shower, and a generous closet. Plus, your own private balcony overlooking a charming courtyard.
Low HOA dues cover front yard mowing and access to the community clubhouse and pool. Walking distance to Randol Mill Park offering trails, picnic areas, tennis and basketball courts. Conveniently located near major highways and shopping destinations.
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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 |
|---|---|---|---|
| Jul 7, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Relisted | $425,000 | |
| Relisted | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 11, 2025 | In contract | - | |
| In contract | |||
Property Highlights
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About West Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017