2204 Strand Drive
About This Property
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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 10, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Pathway Realty, PLLC | $485,000 | |
| Listed by Pathway Realty, PLLC | |||
| Jul 13, 2017 | Listed | $355,000 | |
| Listed | |||
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This former showcase home by Ron Carter offers a unique floor plan with extra space and exceptional upgrades. Dual 1st/2nd floor HVAC systems offer independent zoning & optimal efficiency. The upscale kitchen features KitchenAid stainless appliances, commercial stainless vented range hood & granite counters. The house has whole house speakers & wiring. There are 9-foot ceilings on all three levels, generous room sizes throughout, & oversize windows and sliding glass door. The back door opens onto a huge back porch & oversize patio. The house sits on a low traffic street just a block from Mullikin Park and a few short blocks from the 38-acre Porter Park with walking paths, sculpture & restored prairie. The house shows like new inside. Don't miss this exceptional value! See 3D photo tour & HD photo gallery. Home comes with an HWA Platinum 13 month warranty!The manager has listed the unit size as 2921 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017