306 Drexel 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%.
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 |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Jan 9, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2023 | Listed by Howard Hanna Rand Realty | $549,000 | |
| Listed by Howard Hanna Rand Realty | |||
| | |||
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Watch the sunset over the beautiful Shawangunk Mountain range from your front porch rocking chair. Well built spacious cape with all the function of a sprawling ranch is the perfect home for all stages of life. This home sits back from the road for ultimate country privacy yet it's close to the village with all the local amenities. Meander down the drive to this great home with all the features your family needs. The kitchen and living room is the heart of this home with two bedroom wings on the main floor. The master wing is located to the south and full of natural light. The suite has a very large master closet and bathroom. It's a perfect oasis after work. The two other bedrooms on the main floor share a full bath. All the bedrooms have hardwood floors. Like everything in this home, the kitchen is spacious and will easily accommodate your family and friends. They will especially love to gather around the enormous covered back patio that can be enjoyed throughout the year. Laundry located on the main level by garage access. Upstairs is additional living space complete with hardwood floors, full bathroom, recreation area, and large bedroom. The perfect space for guests and extended family. The basement has so much additional potential with the size and walk out slider to level area perfect for a pool. It is plumbed for a bathroom. Multiple storage areas in both attic and basement for all your toys. Lots to love in this custom home. Close to hiking, wineries, Awosting Reserve, Minnewaska State Park, Mohonk Preserve, New Paltz, Stewart, Major highways, Legoland, City Winery, Angry Orchard, and more!
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| Nov 22, 2023 | Listed by Howard Hanna Rand Realty | $549,000 | |
| Listed by Howard Hanna Rand Realty | |||
| Aug 27, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017