2171 Dryden Road
About This Property
The first floor openly flows from the family room to an updated island kitchen with wet bar and beverage fridge, a versatile living/dining, home office, and a half bath.
Upstairs living is highlighted by a large primary bedroom with an en suite bathroom and private balcony overlooking the backyard. There are also two additional bedrooms, each with an updated bathroom. The utility room is conveniently located upstairs as well.
The expansive backyard features a sparkling pool and outdoor living space that includes a covered patio and additional deck area. Above the carport is a studio apartment with a full kitchen and bathroom, perfect for a guest or nanny quarters.
Just a short walk from Rice Village, Rice University, and the Med Center, this updated home and prime location are a perfect pairing.
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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 23, 2023 | Sold | ||
| Sold | |||
| Apr 20, 2023 | Listed by New Leaf Real Estate | $1,330,000 | |
| Listed by New Leaf Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017