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3552 Swallow Drive
About This Property
The heart of this home beckons a spacious chefs kitchen equipped with top of the line stainless steal appliances, custom cabinetry and a sprawling granite peninsula with ample seating. This split floor plan has large master suite with tray ceiling, double vanities, jetted tub and separate shower. Also included in this main floor living is a private office, indoor utility room and large covered lanai. The most unique feature of this home is a self sufficient 252 square ft. bonus room with separate high efficiency mini split 2019, electric, hot water tank, private entrance, kitchenette and handicapped accessible bathroom with walk in shower. This serene neighborhood is across from Wickham park and close to many amenities. Come enjoy all that this area has to offe campgrounds, disc golf course, equestrian facilities, archery range, off leash dog park, bicycle/jogging roadway, nature trails, exercise trails, ball fields, an event pavilion, picnic pavilions, playground, and swimming lakes.
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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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | Relisted | $481,500 | |
| Relisted | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Price Decreased |
$481,500
↓ $15K
(3%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017