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2848 Watkins Drive
About This Property
Well priced 3 Bedroom, 2 Bath with side-entry 2 Car Garage on a quiet, sidewalk safe cul-de-sac. Established and desirable neighborhood with mature trees and easy access to area conveniences.
Beautifully remodeled kitchen with granite counters and quality cabinetry. Enclosed Florida Room with window AC offers 276 SF of additional living area or a fantastic panoramic patio overlooking fenced backyard.
Seller will give $5000 FLOORING ALLOWANCE with acceptable offer. Multiple Offers Received. Highest and Best by 2 PM August 30, 2021.
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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 |
|---|---|---|---|
| Aug 14, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Price Decreased |
$289,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Jul 9, 2025 | Price Decreased |
$299,900
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Jul 1, 2025 | Price Decreased |
$315,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017