2431 Droxford 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 |
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| Dec 2, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2021 | Listed by 5th Stream Realty | $760,000 | |
| Listed by 5th Stream Realty | |||
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Welcome to 2431 Droxford Drive! This home is an amazing renovation in the heart of Timbergrove - It is charming, fully remodeled, has wonderful curb appeal, and an open floorplan, meeting each and every buyer's possible needs. This house offers total frame to finish peace of mind. From the plumbing to the roof, there was no stone left unturned. Some of the updates include: 30 year composite roof, underslab PVC sewer lines, PEX water supply lines, updated electrical wiring, HVAC: including insulation and duct work, energy efficient windows and doors, 36" professional dual fuel GAS range, new flooring, designer fixtures, sliding OXXO glass doors, tiled patio, etc. You must schedule a showing to fully appreciate everything this home has to offer.
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| Mar 15, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by RE/MAX Legends | $440,000 | |
| Listed by RE/MAX Legends | |||
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LOTS OF POTENTIAL! This ONE STORY, 4 BEDROOM HOME IS LOCATED INSIDE THE LOOP - SUPER CONVENIENT LOCATION! Foundation was repaired in January 2021 with 25 piers installed followed by the masonry repair by a professional masonry company. Other previous improvements include Plumbing, Tile Flooring, Carpet, Interior Paint, 2" Blinds, Landscaping! Kitchen offers Lots of Cabinetry, Breakfast Bar, & Recent Gas Cooktop! Refrigerator Included! Spacious Family Room! King-Sized Master Suite with Refinished Oak Hardwood Flooring! Updated Bath with Recent Shower Door & Tile + Stone Countertops & Raised Bowl Sink + Framed Mirror! Big Secondary Bedrooms - All with Refinished Hardwood Flooring! Large Screened-In Patio! Tranquil Backyard with Handy Storage Building! Washer & Dryer Included! Less Than 3 Miles from Memorial Park! Established Community with Easy Access to the 610 Loop & Hwy 290! Low Tax Rate! No Mandatory HOA, but there is a voluntary civic club.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017