217 Iowa Dr
About This Property
Backs to Greenbelt and Concrete Path Along Tucker Gulch. Fabulous Views from Every Window! Large Deck that Overlooks Pond in the Back Yard. Views of North Table Mountain in the Back. Views of Lookout Mountain in the Front. Walk-out Basement. Space to Build an Attached Garage on the Northwest Side. Located on a Side Street so Local Traffic Only. Needs some Updating but Solid Foundation.
This home has had the same owner since 1964. They waited many years to find this special location. Once they found it, they never wanted to leave. The heirs to the estate are selling as they have established their own homes. Sitting on the back deck is so peaceful and very private. A location like this one is extremely rare and you should jump on the chance to own it and live in this ideal location. The inside is dated but in good condition. Make it you own with some fresh paint and new flooring. No exterior maintenance as it is all brick and the soffits and eaves are covered with metal siding.
Property SOLD "AS IS" NO SHOWINGS until Saturday 3/25/23. Open House will be held Saturday and Sunday 3/25-26 from 11am to 3pm.
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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 |
|---|---|---|---|
| Apr 18, 2023 | Sold | ||
| Sold | |||
| Mar 23, 2023 | Listed by eXp Realty, LLC | $774,999 | |
| Listed by eXp Realty, LLC | |||
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LOCATION, LOCATION, LOCATION!!! VIEWS, VIEWS, VIEWS!!!
Backs to Greenbelt and Concrete Path Along Tucker Gulch. Fabulous Views from Every Window! Large Deck that Overlooks Pond in the Back Yard. Views of North Table Mountain in the Back. Views of Lookout Mountain in the Front. Walk-out Basement. Space to Build an Attached Garage on the Northwest Side. Located on a Side Street so Local Traffic Only. Needs some Updating but Solid Foundation.
This home has had the same owner since 1964. They waited many years to find this special location. Once they found it, they never wanted to leave. The heirs to the estate are selling as they have established their own homes. Sitting on the back deck is so peaceful and very private. A location like this one is extremely rare and you should jump on the chance to own it and live in this ideal location. The inside is dated but in good condition. Make it you own with some fresh paint and new flooring. No exterior maintenance as it is all brick and the soffits and eaves are covered with metal siding.
Property SOLD "AS IS" NO SHOWINGS until Saturday 3/25/23. Open House will be held Saturday and Sunday 3/25-26 from 11am to 3pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017