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298 Dorset Drive
About This Property
Updated 3 bed, 1 bath home awaits its new owners. Nestled in a peaceful, secluded neighborhood on a no-through street this residence boasts updates throughout including a kitchen with stainless steel appliances and ample cabinet space. The living area offers versatility and comfort perfect for relaxing or entertaining guests. The three bedrooms feature ample natural light and closet space. Enjoy outdoor gatherings in the expansive backyard, complete with a patio and mature trees. Conveniently located near schools, parks, restaurants, and shopping, this home offers both comfort and convenience. Don't miss out on the opportunity to make this your dream home.
New roof 05/2024. Central AC/Heat 2022. City water and sewer. Updated plumbing including sewer line replacement. Updated electrical. New appliances and new hot water heater. Hurricane shutters. Large backyard shed installed 2020.
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Price Decreased |
$249,500
↓ $25K
(9.3%) | |
| Price Decreased | |||
| Aug 16, 2024 | Price Decreased |
$274,990
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jul 20, 2024 | Price Decreased |
$279,990
↓ $5K
(1.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017