3420 Drew Street
About This Property
Upon entering, you'll be greeted by a sleek and contemporary interior, featuring an open floor plan that seamlessly connects the living, dining, and kitchen areas. The kitchen is a chef's dream, equipped with high-end appliances and stylish finishes.
The primary bedroom is a luxurious retreat, complete with an en-suite bathroom that exudes elegance and sophistication. The remaining bedrooms are generously sized, providing flexibility for guests, a home office, or a personal gym.
This home is designed for modern living, with air conditioning to keep you comfortable year-round. Balconies on the front and back of the home. A must see with balcony.
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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 30, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by Compass RE Texas, LLC - Houston | $349,900 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Aug 14, 2024 | No longer available | - | |
| No longer available | |||
| Jul 18, 2024 | Price Decreased |
$379,900
↓ $19K
(4.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017