25
Map
1740 Hidden Lake Drive
About This Property
The home features large open and spacious rooms with a huge back screen porch overlooking the private backyard. The eat in kitchen is open to the family room with a beautiful wood burning fireplace and built ins. The spacious master suite offers many different options for furniture layouts. The second and third bedrooms are over-sized and very comfortable.
A new roof was installed the end of 2019, it was just freshly painted inside, including the garage and the garage floor. Inside laundry room with a laundry tub.
The home has been meticulously maintained and is immaculate. New electrical panel, cook top & washer in 2014
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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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Jan 24, 2025 | Price Decreased |
$575,000
↓ $24K
(4%) | |
| Price Decreased | |||
| Nov 12, 2024 | Price Decreased |
$599,000
↓ $36K
(5.7%) | |
| Price Decreased | |||
| Jul 20, 2024 | Price Decreased |
$635,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017