1815 E Cliff Drive
About This Property
Upstairs, the home features a bright and welcoming main dining room, a cozy living room, and a large kitchen perfect for family gatherings. It also includes 3 generously sized bedrooms, each with its own mini-split air system for personalized climate control and comfort. Two of the bedrooms have full baths, the other has a 3/4 bath. A washer and dryer hookup is conveniently located upstairs.
The LL provides an incredible opportunity for additional living space or a separate rentable unit. It includes a cozy kitchen, breakfast nook, 3/4 bath, W/D hookup, and large flex room with fireplace. It's perfect for an office, game room, long or short term rental. Separate access and additional parking w/ covered patio is located in the back.
Situated close to local amenities, hospitals, schools, and parks, with scenic views of the Franklins!
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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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | Price Decreased |
$279,000
↓ $11K
(3.8%) | |
| Price Decreased | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by ERA Sellers & Buyers Real Esta | $290,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017