206 Drennan Street
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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 |
|---|---|---|---|
| Dec 30, 2021 | Sold | ||
| Sold | |||
| Oct 30, 2021 | Listed by Real Broker, LLC | $445,000 | |
| Listed by Real Broker, LLC | |||
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Welcome to Drennan Street Landing! This new construction home has a multitude of features designed with you in mind. When you first enter your new home, you'll enjoy first floor living with an open island kitchen, massive custom built kitchen cabinets, sleek quartz counters, and sleek Samsung appliances including a gas range. The living room leads right out to the fenced yard - which will be finished with no-maintenance and pet friendly astroturf! Upstairs, on the second floor, your three bedrooms are divided by a game room space. This large space can be used for a home office, workout space, or media room! This home provides a great opportunity to buy in a rapidly developing neighborhood - plus you're within walking distance of the METRORail, Xela Coffee, How to Survive Wine Bar, Segundo Coffee Lab, La Esquina Tacos, Night Shift, White Rhino Bar, Voodoo Queen, and Equal Parts Brewing -- with more restaurants & bars opening each month! Call today for your private or virtual tour.
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| Nov 19, 2020 | Sold | ||
| Sold | |||
| Aug 13, 2020 | Listed by FIG Real Estate, LLC | $172,500 | |
| Listed by FIG Real Estate, LLC | |||
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Cleared lot ready to build in the Second Ward!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017