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20 Hilltop Drive
About This Property
Inside, you'll find hardwood floors throughout much of the home, along with two full bathrooms and a functional layout designed for comfortable living. The walkout basement provides direct access to a level backyard, offering additional potential and flexibility. Outside, enjoy a rear deck perfect for entertaining, a spacious yard, and a storage shed for extra storage.
Currently occupied by a month-to-month tenant that can be vacated with 60 days notice, this property presents an attractive opportunity for investors seeking immediate rental income while also offering flexibility for future owner-occupancy.
Buyers are encouraged to look beyond the current occupancy and focus on the home's overall layout, features, and potential. The property is actively lived in by a family with young children, and while every effort is made to accommodate showings, the home may not always present as a staged or vacant property. This is a wonderful opportunity to envision the long-term value and possibilities this home has to offer.
Whether you're looking to expand your investment portfolio or purchase a home in a highly convenient location, 20 Hilltop Dr is a property you won't want to miss.
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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 |
|---|---|---|---|
| Oct 23, 2026 | Price Decreased |
$369,900
↓ $20K
(5.1%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by eXp Realty | $389,900 | |
| Listed by eXp Realty | |||
| Dec 14, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | In contract | - | |
| In contract | |||
| Jun 22, 2021 | Listed by David L. White | $250,000 | |
| Listed by David L. White | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017