18 Dracut Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Listed by Foundation Brokerage Group | $420,000 | |
| Listed by Foundation Brokerage Group | |||
| | |||
|
Welcome to this charming 4-bedroom, 1-bathroom home perfectly situated just minutes from major highways and shopping, this property offers unbeatable convenience while maintaining a cozy, residential feel. As you enter, you’re greeted by hardwood floors that flow throughout, highlighting the spacious and inviting atmosphere of this well-maintained home. The first floor features a bright and airy living room that effortlessly flows into the dining area, ideal for entertaining or family gatherings. The versatile first-floor bedroom is perfect for those looking for single-level living, or it could easily serve as a home office or guest room. The kitchen is functional and offering the potential for future updates to suit your personal style. Upstairs, you’ll find three bedrooms with hardwood floors and ample closet space, perfect for family members or guests. Additional amenities include a newer boiler, 3 zone heating, a detached garage, fenced-in yard. Excellent equity opportunity!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017