188 ATHENS Drive
About This Property
Relax in the fenced backyard with serene pond views, perfect for outdoor gatherings or peaceful evenings. The community offers fantastic amenities such as a pool, tennis and pickleball courts, RV parking, and a dog park, all with low HOA fees. Conveniently located near shopping, A-rated schools, and beautiful beaches.
Additional features include a tankless water heater, water softener (2023). Don't miss the chance to make this exceptional property your new home
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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 |
|---|---|---|---|
| Dec 17, 2024 | Sold | ||
| Sold | |||
| Nov 15, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by LOKATION | $429,900 | |
| Listed by LOKATION | |||
| Sep 3, 2024 | No longer available | - | |
| No longer available | |||
| Jul 27, 2024 | Price Decreased |
$479,900
↓ $10K
(2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017