2835 N Drake
About This Property
The well-designed kitchen features rich dark wood cabinetry, granite countertops, stainless steel appliances, and durable large-format tile flooring that continues into the bathrooms for a cohesive look. The open layout provides a comfortable space for both everyday living and entertaining, while the neutral finishes make it easy to add your own personal style.
The spacious primary suite offers a private retreat with an en-suite bathroom, while two additional bedrooms provide flexibility for family, guests, or a home office. Conveniently located near schools, shopping, dining, and parks, this home is an excellent opportunity for first-time buyers, downsizers, or anyone looking for a low-maintenance home that's ready to enjoy. Don't miss your chance to make 2835 N. Drake Avenue your new home!
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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 |
|---|---|---|---|
| Sep 3, 2026 | Sold | ||
| Sold | |||
| Aug 16, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by BHGRE Everything Real Estate | $380,000 | |
| Listed by BHGRE Everything Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017