205 Michael Drive
About This Property
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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 |
|---|---|---|---|
| May 5, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Mar 8, 2026 | Listed by RE/MAX PROFESSIONALS | $180,000 | |
| Listed by RE/MAX PROFESSIONALS | |||
| Aug 17, 2025 | In contract | - | |
| In contract | |||
| Aug 12, 2025 | Listed | $169,000 | |
| Listed | |||
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This split level home includes three bedrooms two and a half bathrooms. living room, dining room, kitchen and decks on the main and lower level. On the lower walk-out level you will find a half bathroom, family and laundry rooms, and a two car garage. The inviting family room on the first level includes a pellet stove fireplace insert.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017