225 Swallow 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 |
|---|---|---|---|
| Apr 27, 2026 | Listed by RE/MAX Professionals | $227,000 | |
| Listed by RE/MAX Professionals | |||
| Oct 23, 2020 | Sold | ||
| Sold | |||
| Jul 20, 2020 | Listed by RE/MAX Professionals | $154,000 | |
| Listed by RE/MAX Professionals | |||
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Bay breeze and shade trees are waiting for you at 225 Swallow Dr. This 3 bed 2 bath home on two lots is located in gated Cape Carancahua Community. Upstairs you'll find an open concept floor plan with spacious living room adjoining the kitchen and dining area, 2 bedrooms and 1 bathroom with plenty of storage space. Downstairs is the 3rd bedroom and 2nd bathroom just off the 2 car garage and workshop area. The enclosed upper porch offers wall to wall windows with a view of the backyard and indoor laundry. The 2 lots extend from Swallow all the way back to Bayview and has 3 culverts/driveways and mature shade trees. This property offers tons of potential whether you are searching for a weekend retreat or a primary home. Roof replaced after Harvey with windstorm rated shingles, A/C unit replaced in 2017 and updated aerobic septic system installed 6 yrs ago. Cape Carancahua community features 2 swimming pools, 3 lighted piers, boat ramp, outdoor pavilion, playground and nature preserves.
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| Jul 3, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Relisted | $154,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017