316 W Parrish Drive
About This Property
Price improvement to $299,000! Don't miss this rare opportunity to own a beautifully maintained 1937 Tudor in the heart of downtown Benson. Full of timeless character and thoughtful updates, this one-of-a-kind home offers the perfect blend of historic charm and modern convenience on a spacious .34-acre lot.
Inside, gleaming hardwood floors, sun-filled living spaces, and distinctive Tudor architectural details create a warm, inviting feel that is increasingly hard to find. The kitchen is both functional and stylish with granite countertops, a gas range, and stainless steel appliances.
Step outside to your own private backyard retreat featuring a new fence and concrete patio added in May 2025, a fire pit, mature landscaping, and plenty of room to relax or entertain. A spacious covered porch and private patio offer the ideal setting for morning coffee, evening gatherings, or quiet downtime.
The main floor is served by central HVAC, while the upstairs provides flexible bonus space with a temporary heat and air source. Upstairs includes approximately 475 square feet not counted in the overall measured living area.
Located in a golf cart-friendly community with no HOA, this home offers convenient access to downtown Benson's shops, dining, festivals, and live music, while also being just minutes from I-40, I-95, and the future 540 loop.
Additional features include a transferable home warranty, Guardian 24/7 security system, and the rare chance to own a home with true personality in one of Benson's most charming in-town settings.
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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 |
|---|---|---|---|
| Jun 3, 2026 | Sold | ||
| Sold | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Price Decreased |
$299,000
↓ $16K
(5.1%) | |
| Price Decreased | |||
| Jan 15, 2026 | Price Decreased |
$314,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Nov 11, 2025 | Price Decreased |
$319,900
↓ $4K
(1.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017