203 Drake Boulevard
About This Property
Situated in a well-established neighborhood just minutes from Longview High School, this home features solid bones and a functional layout making it a smart choice for anyone seeking a budget-friendly home they can make their own.
With room to update and personalize, this centrally located property is a great opportunity to gain equity over time in one of Longview's most convenient areas.
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 |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Aug 10, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2025 | Listed by Austin Moore & Company Real Es | $160,000 | |
| Listed by Austin Moore & Company Real Es | |||
| Apr 11, 2022 | No longer available | - | |
| No longer available | |||
| Mar 24, 2022 | Listed by RE/MAX FIRST CHOICE REAL ESTATE | $149,500 | |
| Listed by RE/MAX FIRST CHOICE REAL ESTATE | |||
| | |||
|
Investor Special. 3/2/2 in a centrally located neighborhood near Longview High School. Curbed and gutter street. Nice shaded lot. Two rooms with hardwood floors and lots of newer laminate flooring. Master bathroom shower updated and has a frameless glass shower door. Roof approximately 3 years old. Fenced backyard. Tons of room to add value to this home. TENANT OCCUPIED. Wonderful tenant has lived in home 2 years and pays rent on time. The manager has listed the unit size as 1275 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017