292 Manila Drive
About This Property
and endless potential. The home features a freshly painted exterior with a combination of cement boards and
wood, creating a charming country feel. The property includes an unfinished second bathroom, providing
an excellent opportunity for customization and added value. Enjoy the peace and privacy of rural living. With
plenty of room for gardening, animals, recreational activities. or future improvements. This 2.8-acre property
is ready for your personal touch.
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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 |
|---|---|---|---|
| Oct 6, 2026 | Price Decreased |
$219,900
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Aug 4, 2026 | Listed by Clark Realty | $224,900 | |
| Listed by Clark Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017