325 DRIFTWOOD Road
About This Property
Buyer to verify square footage.
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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 20, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Listed | $389,900 | |
| Listed | |||
| | |||
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Stop the car! Check out this beautiful spacious home with a large fenced yard (new 8' privacy fence just installed) with plenty of room for a pool, and only one mile from the beach! Come inside and see for yourself how clean and spacious this newly renovated home is! 5 bedrooms and 2 large living areas, all new energy efficient windows, an updated kitchen with new Whirlpool stainless appliances, granite countertops and stainless undermount sink; updated bathrooms; new a/c, newer water heater, new carpet in the bedrooms, new easy care plank flooring in the main areas, and an oversized one car garage with workshop and attached screened porch with ceiling fans. This home boasts lots of natural sunlight and an open floorplan. Buyer to verify square footage. The manager has listed the unit size as 2071 square feet.
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| May 18, 2018 | Listed by MAGNOLIA PROPERTIES | $389,900 | |
| Listed by MAGNOLIA PROPERTIES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017