305 Picnic Park Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Oct 26, 2023 | Sold | ||
| Sold | |||
| Aug 14, 2023 | Listed by Realty ONE Group Iconic | $475,000 | |
| Listed by Realty ONE Group Iconic | |||
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RARE FIND! Newly built Perry Homes one-story, located in the highly sought after community of Grand Central Park, sits on a 50’ lot with NO rear neighbors & is just around the corner from Picnic Park! This section of GCP is SOLD OUT & Perry Homes is currently not building on 50’ lots. This lightly lived in home offers 4 bedrooms, 3 full bathrooms, an over-sized flex room that can be utilized as an office/game room, & a Texas sized covered patio. Enjoy a double vanity& TWO walk-in closets in the primary bathroom. This home boasts $35,000+ in upgrades. See attachments for full list. PRIME LOCATION! Take advantage of all of the amenities that GCP has to offer including a resort style pool, ponds, lakes, miles of nature trails, fitness center, clubhouse, basketball court, sand volleyball, multiple parks, splash pad coming soon, and more! GCP has a "director of fun" who puts on events all year round. Zoned to the highly rated Conroe ISD. Information to be independently verified by buyer(s).
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| Dec 30, 2020 | Sold | ||
| Sold | |||
| Aug 3, 2020 | Listed by Perry Development Management | $364,900 | |
| Listed by Perry Development Management | |||
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Extended entry with 13-foot ceiling leads to open kitchen, dining area and family room. Kitchen offers generous counter space, corner walk-in pantry and inviting island with built-in seating space. Dining area flows into family room with a wood mantel fireplace and a wall of windows. Game room with French doors just across from kitchen. Master suite includes double-door entry to master bath with dual vanities, garden tub, separate glass-enclosed shower and two large walk-in closets. Secondary bedrooms feature walk-in closets. Extended covered backyard patio. Mud room off two-car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017