298 Declaration Drive
About This Property
Recent updates include: the septic system was professionally pumped in January 2025, a new architectural shingle roof was added on September 2024, and the HVAC system was upgraded in 2019. A 2nd car parking pad was also built just this past spring. The community includes a delightful playground area, complete with picnic tables and more-perfect for everyone!
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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 |
|---|---|---|---|
| Nov 12, 2025 | Sold | ||
| Sold | |||
| Oct 18, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Listed by LPT Realty, LLC | $249,999 | |
| Listed by LPT Realty, LLC | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 23, 2025 | Listed | $239,900 | |
| Listed | |||
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Come check out this wonderful home with stone detailing that has been loved and cared for in the Liberty Chase community with no city taxes. This lovely home has fantastic curb appeal and the lot is large coming in a little under half an acre, huge privacy fenced back yard, plus a nice covered back patio area. No steps or stairs to worry about inside this home, this is a true ranch style with 3 bedrooms and 2 full bathrooms. Great room is a generous size with an electric fireplace. Kitchen overlooks the great room area, refrigerator was purchased Feb 2024. Walk in pantry. Laundry area is inside the home. Extra closets to store stuff away right outside the master bedroom. The master bathroom has a linen closet and double sinks. Septic was pumped January 2025, New architectural shingles/roof September 12, 2024. HVAC 2019. Don't miss out on this community, they even have a community playground area with picnic tables and other items. Hurry and add to your list to see!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017