2403 Driftwood Drive
About This Property
This beautifully maintained modern home is being offered for the first time since it was purchased new in 2009! Featuring 2,637 square feet of spacious living, this property is ideally located near the freeway, shops, and schools. The home includes a whole-home water softener system, dual AC units for efficient climate control, and elegant Laminate flooring throughout downstairs. The bright and airy living and family rooms are flooded with natural light, while the modern kitchen boasts granite countertops, a pantry, and ample storage. A dedicated downstairs laundry room adds extra convenience to daily living.
Upstairs, you'll find three generously sized bedrooms designed for comfort and functionality, along with a full bathroom offering ample counter space. The spacious master suite provides room for any furniture arrangement and includes a large walk-in closet and an en-suite bath with a separate tub and shower.
The exterior is just as impressive, with desert landscaping in the front yard for easy maintenance and a fully enclosed backyard with block fencing for privacy. A large covered patio offers the perfect space for relaxing or entertaining, providing shade from the sun and shelter from the rain.
This is the only home available in this desirable neighborhood-don't miss the opportunity to make it yours!
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Cap Rate Calculator
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 13, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | Listed by Berkshire Hathaway HomeServices Troth, Realtors | $499,000 | |
| Listed by Berkshire Hathaway HomeServices Troth, Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017