3401 Deerlane Drive
About This Property
Impeccably updated and maintained. Master Bedroom and luxurious bath are on the first/main floor level. Spacious living room with stone fireplace (gas) and entertainment center. Formal dining area off kitchen could also serve as a family room, with views of the patio. Kitchen has custom cabinetry, granite counter tops, Viking stove, subzero refrigerator and breakfast bar. 2 Bedrooms upstairs, each with their own bath. There is an office upstairs which is the 4th bedroom. French doors lead to covered Entertainer's Patio which includes, water fall, and gas fireplace and mountain views. Yard has Meyer lemons and blood orange trees. Engineered wood in most rooms, Pella and Millguard windows, 2 air units, 2 water heaters, central vacuum, LED lights in most rooms. 2 car attached garage with pull down storage and lift. Secluded location yet close to Encanto Park, Rancho Duarte Golf Course, 210 Freeway and 605 Freeway.
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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 |
|---|---|---|---|
| Mar 23, 2018 | Sold | ||
| Sold | |||
| Feb 10, 2018 | Listed by Berkshire Hathaway Home Serv. | $899,000 | |
| Listed by Berkshire Hathaway Home Serv. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017