2717 Paula Drive
About This Property
Step inside to find an inviting layout with granite countertops in the kitchen, bamboo blinds, stainless steel appliances, a cozy breakfast nook, and a versatile formal dining area which could also be used for office space. The main living room also features a spacious separate sitting area. The open attic provides ample storage space, ensuring a clutter-free home.
Outside, the beautifully landscaped front and back yards set the stage for outdoor enjoyment. The fenced backyard features a charming patio with a pavestone walkway, a raised garden bed for your green thumb, and mature trees for shade and tranquility. A small workshop equipped with electricity, a workbench, and shelving adds functionality. Plus, the roof was replaced just two months ago, offering peace of mind for years to come.
This home is the perfect blend of comfort, convenience, and thoughtful details. Schedule your showing today!
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Dec 28, 2024 | Listed by Keller Williams Frisco Stars | $249,900 | |
| Listed by Keller Williams Frisco Stars | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017