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23848 Dracaea Avenue
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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | Listed by PONCE & PONCE REALTY, INC | $510,000 | |
| Listed by PONCE & PONCE REALTY, INC | |||
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Nestled on a 7,405 square foot lot, this cozy home offers 1,543 square feet of living space with three bedrooms and two bathrooms. As you enter, a welcoming living room greets you, complete with a fireplace for cozy nights. Three bedrooms down the hall provide peaceful retreats, with the primary bedroom boasting its own bathroom. Outside, a spacious backyard awaits, perfect for outdoor activities. A two-car garage adds convenience and storage space. Home is located near Sunnymead Elementary and middle school within a half mile radius. Just down the road is a shopping center and gas stations nearby for added convenience.
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| May 31, 2018 | Sold | ||
| Sold | |||
| Feb 2, 2018 | Listed by Dulce Hogar Realty | $319,000 | |
| Listed by Dulce Hogar Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017