2221 Nicholas Dr
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 |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | Listed by Showcase Properties Unlimited | $470,000 | |
| Listed by Showcase Properties Unlimited | |||
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Welcome to this beautifully maintained, light-filled home tucked away in a quiet and serene neighborhood. Thoughtfully designed with an open and airy main floor, it offers an ideal space for comfortable everyday living and entertaining. Enjoy the tranquility of a lush greenbelt backdrop, enhanced by mature landscaping, vibrant perennial plantings, and a full sprinkler system. Recent updates provide both peace of mind and modern convenience-including a newer furnace (5 years old), brand-new A/C unit, washer, dryer, and refrigerator. The home also features a freshly painted exterior, a new roof, and fully paid-off solar panels for low electric bills. Upstairs, you'll find a spacious primary suite with a walk-in closet and a private balcony-perfect for morning coffee or evening relaxation-plus two additional bedrooms, a full bath, and convenient laundry facilities. The main level offers a seamless flow between the living room, dining area, and kitchen. The finished basement adds flexibility with two additional bedrooms, a dedicated storage room, and a rough-in for a future bathroom. The back patio is fenced for privacy and wired for a hot tub. A generous two-car garage with built-in shelving ensures plenty of storage. As an added bonus, the seller is including a home warranty. Move-in ready and filled with smart updates, this home blends natural beauty with functional design. Don't miss your opportunity to make it yours!
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| Feb 3, 2021 | Sold | ||
| Sold | |||
| Dec 18, 2020 | Listed | $390,000 | |
| Listed | |||
| Apr 3, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017