3347 ALTAMONT DRIVE
About This Property
The basement has a finished area along with plenty of storage, workshop, and a second set of hookups for washer and dryer. Set on a lot of about 0.29 acres, the property offers a blend of privacy and ease of upkeep.
Mature trees and surrounding greenery create a serene backdrop, while the footprint of the home balances indoor and outdoor spaces nicely. Two sheds offer storage for gardening equipment or anything else.
The home is located in the Brandywine School District and is convenient to shopping, restaurants, I-95, train stations, airports and local attractions.
The property is an estate sale and is being sold "as is".
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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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Oct 18, 2025 | Listed by Long & Foster Real Estate, Inc. | $499,999 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017