217 Plantation Drive
About This Property
Beautiful, Well maintained home and one owner! Open floor plan on one acre with 50x50 shop with half bath. Plantation shutters on front of home and solar screens in the back. Large living, Formal Dining and Study or could be fourth bedroom, wood floors, granite counter tops and a spacious kitchen. Outside city limits and NO HOA. This is perfect for the family who has RV to park in the massive shop. Shop has electric and roll up doors. Bedrooms are spacious and very flexible floor plan.
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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 |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Sep 15, 2021 | Listed by Keller Williams Heritage West | $425,000 | |
| Listed by Keller Williams Heritage West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017