28 Concord Drive
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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 |
|---|---|---|---|
| Mar 20, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Jan 13, 2025 | Listed by Christie's Int. Real Estate | $649,000 | |
| Listed by Christie's Int. Real Estate | |||
| | |||
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Discover timeless elegance in this beautifully updated Cape Cod nestled in Historic Tappan. This three-bed, three-bath home seamlessly blends some classic charm with modern updates, featuring lots of natural light, hardwood floors, a vaulted ceiling in the family room with a cozy wood-burning fireplace. Recent improvements include a new HVAC system (2023), water heater (2024). The upper-level shines with its remodeled bathroom, new windows, and custom closets. A freshly leveled backyard offers endless possibilities for outdoor living. Enjoy the convenience of central air and a one-car garage. Set in desirable Historic Tappan, this home puts you moments from transportation, shops, and restaurants. This thoughtfully maintained home balances character with contemporary comfort, making it the perfect place to call home. This home and property most certainly checks all the boxes for modern and comfortable living.
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| Feb 8, 2021 | Sold | ||
| Sold | |||
| Nov 9, 2020 | Sold | ||
| Sold | |||
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About Tappan
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017