3135 Blackwell 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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by Coldwell Banker Realty | $850,000 | |
| Listed by Coldwell Banker Realty | |||
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Exceptional Opportunity with Incredible Potential! This single-level home is nestled on a sprawling 1.18-acre lot, showcasing stunning backcountry views and abundant space. With an excellent open floor plan, the property provides endless customization possibilities. Whether you're looking to expand the current home or add an ADU, there's plenty of room to make it your own. Located in a desirable Vista neighborhood, this home offers privacy and tranquility at the end of a long driveway. Property is sold "As Is" and in poor condition. Contractors, handy buyers, and investors seeking to add value will appreciate the property's potential. Though some deferred maintenance and updates are needed, it offers a perfect canvas to create your personal estate or investment property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017