1720 HOPE DRIVE
About This Property
Inside, the split floor plan gives everyone their space, while the open kitchen flows right into the living and dining areas - perfect for hanging out, entertaining, or keeping an eye on everything at once. Both bathrooms have been updated with a clean, modern look that keeps things fresh.You'll love the enclosed Florida room with custom barn doors - a great bonus space for relaxing, working from home, or turning into your own personal hideout. Step outside to your private backyard oasis: fenced-in with a resurfaced and re-tiled pool, upgraded pool deck, and a child safety fence for peace of mind.
Updates? Plenty. Metal roof, newer HVAC and water heater, new pool pump, updated appliances, fresh driveway and porch - all the heavy lifting's been done.
Oh, and don't forget the assumable FHA loan at just 2.75%. Priced below appraised value, motivated sellers. Bring all offers!
Great location, easygoing neighborhood, and a home that's ready for its next chapter. Let's set up a showing - this one's a keeper
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Cap Rate Calculator
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 10, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Jul 4, 2025 | Listed by REALTY PROS ASSURED | $315,000 | |
| Listed by REALTY PROS ASSURED | |||
| Jun 12, 2025 | Price Decreased |
$305,000
↓ $8K
(2.4%) | |
| Price Decreased | |||
| Jun 4, 2025 | Relisted | $312,500 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017