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1605 Nighthawk Drive
About This Property
Conveniently located near shopping, dining, and major roadways, this move-in ready home combines cleanliness, functionality, and charm-making it an excellent opportunity for homeowners seeking comfort and style in a growing area.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$284,000
↓ $6K
(2.1%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$290,000
↓ $9K
(3%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$299,000
↓ $9K
(2.9%) | |
| Price Decreased | |||
| Jun 26, 2026 | Price Decreased |
$308,000
↓ $8K
(2.5%) | |
| Price Decreased | |||
| Jun 5, 2026 | Price Decreased |
$316,000
↓ $3K
(0.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017