305 Hamilton Drive
About This Property
level and 2-car automatic garage doors. Landscaped front and backyard. Entering from the front porch is the
foyer which leads to the open concept large kitchen overlooking the family room with fireplace and half
bathroom. From the kitchen is a separate dining room area with bay window looking out to backyard. There is
a another large room with bay window overlooking the front yard. This area could be used for multiple uses
like an office space, rec room, school room, etc - great flex room area. Upstairs are 3 bedrooms and 2 full
bathrooms. The master bedroom offers trey ceilings, his/her closets (one is a walk in closet), a garden tub with
combo shower. An additional shower can be installed as a separate shower as well. Enjoy family and friends in
the on the back patio and private backyard with a work shed.
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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 13, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Price Decreased |
$325,000
↓ $15K
(4.4%) | |
| Price Decreased | |||
| Aug 20, 2024 | Price Decreased |
$340,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jul 18, 2024 | Listed by Keller Williams Realty Atlanta Partners | $350,000 | |
| Listed by Keller Williams Realty Atlanta Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017