16559 DRUM OAK
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 18, 2022 | No longer available | - | |
| No longer available | |||
| Oct 8, 2022 | Price Decreased |
$329,900
↓ $30K
(8.3%) | |
| Price Decreased | |||
| Sep 23, 2022 | Price Decreased |
$359,900
↓ $20K
(5.3%) | |
| Price Decreased | |||
| Jul 29, 2022 | Price Decreased |
$379,900
↓ $12K
(3.1%) | |
| Price Decreased | |||
| Jul 13, 2022 | Listed by OfferPad | $391,900 | |
| Listed by OfferPad | |||
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Welcome to this recently renovated 3/2.5/2 home available for immediate move-in. This home features a fully equipped kitchen boasting granite countertops with granite backsplash and stainless steel appliances, a large pantry and garage with an electric garage door. All bedrooms are located upstairs offering plush carpet and upgraded light fixtures. The Primary bathroom features a dual sink vanity with solid countertops and the bedroom is spacious. You'll fall in love with the low maintenance rear yard offering a patio area with extended decking and rock garden. Other features include tile flooring, fresh paint, security system and a half bath downstairs. This home is conveniently located near Ice & Golf Center At Northwoods, shopping, good eats and more...Come see for yourself you won't be disappointed. The manager has listed the unit size as 2133 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017