340 Driftwood Cir
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 |
|---|---|---|---|
| Dec 20, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2023 | Listed by RE/MAX Alliance-Longmont | $1,095,000 | |
| Listed by RE/MAX Alliance-Longmont | |||
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You will love this ranch home at the end of quiet Driftwood Circle. As you enter, immediately you feel at home. The open floor plan is inviting and great for entertaining. The wood floors have recently been refinished, a new coat of paint throughout and new carpet make this home stand out. The can lights have been upgraded to LEDs for more efficient lighting. The gourmet kitchen is well appointed so you can create a delicious meal and converse with your guests. The main floor study is right off the foyer. The spacious primary suite features a cozy fireplace, 5-piece primary bath and walk-in closet. The guest suite has its own bathroom. A 3/4 bathroom rounds out the main level. The basement has 2 more good sized bedrooms, full bath, large rec room with a fireplace and huge storage room. Outside you will find a mature, manicured yard and large patio. Take a short walk to Waneka Lake and all it has to offer, expansive playgrounds, pickle ball courts, trails or take a paddle boat ride. Just minutes to Downtown Lafayette or Louisville.
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| May 26, 2023 | Listed | $1,095,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017