3118 Danforth Drive
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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 |
|---|---|---|---|
| Sep 19, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | Listed by THX Realty ,LLC | $280,000 | |
| Listed by THX Realty ,LLC | |||
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BEAUTIFUL NEW CONSTRUCTION IN THE HEART OF TEXAS CITY! YOU HAVE TO SEE IT TO BELIEVE THE ATTENTION TO DETAIL THAT THE BUILDER PUT INTO THIS HOME. IT FEATURES 3 BEDROOMS, 2 BATHS, AND A STUDY/FLEX ROOM IN ADDITION TO A FORMAL DINING AREA OFF OF THE LIVING ROOM. THE PRIMARY SUITE IS COMPLETE WITH DOUBLE SINKS, A SEPARATE SHOWER & SOAKING TUB, AND A LARGE WALK-IN CLOSET! THE KITCHEN IS A CHEF'S DREAM WITH A GAS STOVE AND A HUGE ISLAND OPEN TO THE LIVING ROOM. AND THE BACK YARD IS A GREAT SIZE, FULLY SODDED WITH A BRAND NEW FENCE! TO TOP IF OFF, THE HOME ALSO FEATURES A RADIANT BARRIER IN THE ATTIC, ENERGY STAR APPLIANCES, A DIGITAL THERMOSTAT, A HIGH-EFFICIENCY HVAC SYSTEM, AND R-38 BLOWN FIBERGLASS INSULATION IN THE ATTIC. SCHEDULE YOUR SHOWING TODAY!!
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| Sep 23, 2021 | Sold | ||
| Sold | |||
| Aug 23, 2021 | Listed by Hometown Properties | $22,500 | |
| Listed by Hometown Properties | |||
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Nice deep lot to build your home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017