235 Drake Road
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 |
|---|---|---|---|
| Jul 1, 2021 | Sold | ||
| Sold | |||
| Apr 23, 2021 | In contract | - | |
| In contract | |||
| Apr 7, 2021 | Listed by Howard Hanna Rand Realty | $359,000 | |
| Listed by Howard Hanna Rand Realty | |||
| Oct 18, 2016 | Sold | ||
| Sold | |||
| Aug 11, 2016 | Listed by Weichert Realtors | $240,900 | |
| Listed by Weichert Realtors | |||
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Beautiful Ranch just minutes away from stores, restaurants, and train station, yet far enough away to enjoy the peace and tranquility of a quiet cul-de-sac. Includes three bedrooms, two bathrooms, unfinished basement, spacious kitchen with island, hardwood floors, recessed lighting, wood stove in basement, solar panels, attached two car garage, on five acres of land.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017