49
Map
309 Ashley Drive
About This Property
The home comes with a clear timeline of major structural and mechanical updates. The A/C system was replaced in March 2022, and a new roof and gutters were installed in April 2024. To complete the mechanical upgrades, a brand-new water heater is scheduled for installation in June 2026.
Inside, the floor plan is filled with practical, custom upgrades. The kitchen and dining area include a built-in dining bench and an integrated pantry for extra storage. The kitchen features a brand-new stove installed in June 2026, and the refrigerator will also convey with the sale. Both bathrooms have been updated. The guest bath features a custom board-and-batten accent wall, while the primary suite includes a custom tiled standing shower, shiplap wall detailing, and a redone walk-in closet with built-ins. For extra utility, the garage conversion offers a dedicated, accessible bonus room that can easily serve as whatever you need.
The outdoor space is a standout feature of the property. The large covered deck overlooks a great, spacious backyard secured by a privacy fence installed between 2022 and 2023. For outdoor entertainment, the deck leads down to a concrete patio that features a dedicated space under the custom pergola for a fire pit.
With a large lot, distinctive custom features, and the big-ticket mechanical updates already completed, this no-HOA home puts you south of the I-10 traffic bottleneck--schedule your private tour today.
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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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Jul 19, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Price Decreased |
$265,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Jun 11, 2026 | Listed by Berkshire Hathaway Home Services PenFed Realty | $275,000 | |
| Listed by Berkshire Hathaway Home Services PenFed Realty | |||
| May 14, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017