2047 Dryden Road
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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%.
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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 |
|---|---|---|---|
| Apr 28, 2022 | Sold | ||
| Sold | |||
| Mar 10, 2022 | Listed by Martha Turner Sotheby's | $795,000 | |
| Listed by Martha Turner Sotheby's | |||
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2047 Dryden is a charming two-story brick traditional in the heart of Southgate. Located just blocks from Rice University, this handsome home offers large rooms and a well-designed floorplan. The raised entry opens to the first floor living and dining areas, with lovely hardwood floors and graceful arched doorways. Windows with plantation shutters allow for natural light and there are French doors to the side and back yards. The streamlined kitchen has lots of work space, plus stainless appliances and glass front cabinets. A half bath is tucked away under the stairs, and the main bath upstairs is beautifully updated with a marble counter top and double sinks. The large back yard is fenced, and the driveway has an automatic driveway gate, which leads to the two car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017