3801 English Drive
About This Property
This home features a formal living room, a formal dining room with a built in hutch, a large kitchen with a work island, lots of counter and cupboard space, a breakfast nook and updated appliances. The family room is large with a fireplace. The master bedroom is very spacious, has a fireplace and a huge walk-in closet. The master bath has a soaking tub, a separate shower and dual sinks. There is an additional bedroom on this side of the house that is currently used as a den. Bedrooms 3 and 4 are on the opposite side of the house and they share a full bath, Jack-&-Jill style. The laundry room has extra storage and there is lots of linen storage in both wings. There is a 3 car oversized garage, a covered breezeway/car port and huge RV parking. The landscape is mature and there is a beautiful pool and spa in the back yard. There is covered outdoor serving area and a half bath by the pool area. The patios have overhead fans, outlets for music, cooking, and entertaining. A gazebo with sink and electricity. There are three very large storage sheds, two have electricity. This home has updated windows and doors, security screen doors, plantation shutters a whole house fan and PAID FOR SOLAR. Don't miss this terrific home!
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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 |
|---|---|---|---|
| Feb 28, 2018 | Sold | ||
| Sold | |||
| Dec 29, 2017 | Listed by Century 21 McDaniel & Assoc. | $410,000 | |
| Listed by Century 21 McDaniel & Assoc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017