3603 Townsend Drive
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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 |
|---|---|---|---|
| Jun 22, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed by Russell Trenary, Realtors | $469,900 | |
| Listed by Russell Trenary, Realtors | |||
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OFFER DEADLINE NOON SAT, 5-21. Royal Hills Stunner! This pier & beam home has been lovingly updated by the current owners & has personal access to the Northaven Trail! Features & updates include: incredible drive-up appeal with freshly painted exterior; mature trees; roof replaced '20; beautiful, REAL hardwood floors throughout; open concept floorplan; remodeled kitchen '20; energy efficient windows '22; luxurious master bath '22. Enjoy entertaining friends this summer on the 20 x 12 stamped concrete, covered patio overlooking spacious yard & board on board, cedar fence '21. Centrally located inside 635, this precious home is in desirable Degolyer Elementary & minutes from the areas best private schools. Kitchen fridge, Waterdrop reverse osmosis water filter & kitchen freestanding cabinet w built in microwave will remain with the property. Washer-Dryer are negotiable. See Transaction Desk for a full list of improvements, disclosures & foundation info. BUYER WILL NEED A NEW SURVEY.
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| Feb 14, 2020 | Sold | ||
| Sold | |||
| Dec 4, 2019 | Listed by Keller Williams Realty DPR | $312,000 | |
| Listed by Keller Williams Realty DPR | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017