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2051 PEGGY DRIVE
About This Property
Several windows and the sliding glass door have been upgraded to energy-efficient double-pane glass, enhancing comfort and efficiency. The spacious 1-car garage includes an additional bathroom, offering added convenience, storage, or workspace potential.
Major improvements include a 2023 HVAC system, 2018 electrical panel, 2017 roof, and 2017 water heater, giving buyers added peace of mind. The septic system was just inspected and pumped out in October 2025.
Conveniently located near shopping, restaurants, parks, beaches, and major roadways, this move-in-ready home is a fantastic opportunity for first-time buyers, seasonal residents, or investors. Schedule your private showing today!
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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 |
|---|---|---|---|
| Nov 5, 2026 | Relisted | $215,000 | |
| Relisted | |||
| Oct 9, 2026 | In contract | - | |
| In contract | |||
| Sep 28, 2026 | Price Decreased |
$215,000
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by INSPIRED REALTY, LLC | $219,900 | |
| Listed by INSPIRED REALTY, LLC | |||
| Oct 27, 2025 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017