3627 Midland Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | Listed by Keller Williams Realty -SW | $285,000 | |
| Listed by Keller Williams Realty -SW | |||
| | |||
|
Great Perry Homes setting on cul-de-sac lot in sought after Silverlake. Home has wall of windows plus spacious game room up. Master retreat is down w/window seat ledge, relaxing bath has huge walkin closet, garden tub/sep shower+double sink vanity. 3 bedrooms up offer great closet space & are all in nice size. Sprinkler system front & back, pre-wired for surround sound in gameroom & family room! Both AC units were less than 5 years old. All SS Kitchen appliances!
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| Apr 28, 2019 | No longer available | - | |
| No longer available | |||
| Feb 21, 2019 | Price Decreased |
$279,500
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jan 30, 2019 | Listed by Keller Williams - Houston SW | $284,500 | |
| Listed by Keller Williams - Houston SW | |||
| | |||
|
Great Perry Homes setting on cul-de-sac lot in sought after Silverlake. Home has wall of windows plus spacious game room up. Master retreat is down w/window seat ledge, relaxing bath has huge walkin closet, garden tub/sep shower+double sink vanity. 3 bedrooms up offer great closet space & are all in nice size. Sprinkler system front & back, pre-wired for surround sound in gameroom & family room! Both AC units were less than 3 years old. All SS Kitchen appliances and new carpet throughout! The manager has listed the unit size as 2566 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017