2205 Decator Drive
About This Property
Beautifully renovated home is light & bright. Spacious open floor plan has kitchen adjoining 2 separate living areas with their own fireplaces. Large island for family or entertaining. Wet bar with wine cooler, all new SS appliances, soft close cabinets, and gorgeous high end marble counters. Serve to the patio from kitchen to guests poolside, 3 sets of French doors to make indoor-outdoor living space. Dramatic master suite features soaking tub and oversized shower with multi option body spray, his-hers walk-in closets, copious vanity space and a skylight. New roof, HVAC, luxury flooring, carpet and paint inside and out. Concrete pad to park boat or RV inside fence. This home is a must see. Many amazing details.
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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 2, 2022 | Sold | ||
| Sold | |||
| Apr 1, 2022 | Listed by 5th Stream Realty | $499,500 | |
| Listed by 5th Stream Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017