3 Drake Circle #3
About This Property
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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%.
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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 |
|---|---|---|---|
| Apr 27, 2018 | Sold | ||
| Sold | |||
| Feb 6, 2018 | Listed by The Cottone Co., Real Estate | $340,000 | |
| Listed by The Cottone Co., Real Estate | |||
| | |||
|
Sought after town home at Swan Pond - nicely maintained 2 bedroom townhome, 2.5 baths with attached 1 car garage. Open floor plan & dramatic roof lines makes for an appealing living and entertainment space. The kitchen has plenty of cabinets and counter space along with a handy breakfast bar. Fireplaced LR has slider leading to patio and expansive lawn that overlooks a tree lined pond. DR is open to kitchen and LR. Master bedroom suite complete with master bath, large closet and a lofted sitting area open to the lower level. Large guest bedroom also comes with an oversized closet. Both bedrooms have vaulted ceilings with custom quarter moon windows. Second full bath on upper level, as well as the conveniently placed laundry. Complex with pool, tennis courts & clubhouse. A true commuters dream with easy highway access to Rtes 1 & 95; short walk to commuter train & town center.
| |||
| Nov 28, 2014 | Sold | ||
| Sold | |||
| Oct 8, 2014 | Listed by Keller Williams Realty | $315,900 | |
| Listed by Keller Williams Realty | |||
| Feb 18, 2011 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/06/2018
|
2 Bed
|
3 Bath
|
1488 ft²
|
$340,000
2 Bed
3 Bath
1488 ft²
|
$345,000
+1.47%
04/27/2018
|
Alison Brown
Coldwell Banker Realty - Westwood
| |
|
10/08/2014
|
2 Bed
|
3 Bath
|
1488 ft²
|
$315,900
2 Bed
3 Bath
1488 ft²
|
$309,000
-2.18%
11/28/2014
|
The Harris Team
Keller Williams Realty
| |
|
01/02/2011
|
2 Bed
|
3 Bath
|
1488 ft²
|
$259,000
2 Bed
3 Bath
1488 ft²
|
$255,000
-1.54%
02/18/2011
|
Catherine Flem
Berkshire Hathaway HomeServices Commonwealth Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017