18651 Cryer Drive
About This Property
hustle and bustle of city life. While the main home is 480 sq ft, it feels much larger, thanks to its efficient layout and open design. The property has been recently
renovated, with fresh paint applied both inside and out, giving it a bright and modern feel. The charming second unit is ideal for an accessory dwelling unit (ADU),
offering the perfect opportunity to live in one and rent the other. Whether you're seeking a vacation retreat or a peaceful full-time residence, this property provides
both comfort and versatility. Experience the tranquility of the mountains, breath of fresh air, and only just minutes away from the shops and services in town. This is an
exceptional opportunity to embrace mountain living with easy access to all the amenities you need.to live a rewarding life!!
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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 |
|---|---|---|---|
| May 21, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | Listed by REDFIN | $250,000 | |
| Listed by REDFIN | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017