16
Map
385 Delaware Drive
About This Property
The kitchen and baths are clean and functional, offering an excellent opportunity for a buyer to make cosmetic updates over time and add their own personal touch. Outside, the large backyard provides plenty of space for entertaining, play, gardening, or future possibilities.
A solid home with charm, space, and upside - ideal for buyers looking for value and the chance to create something special.
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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 9, 2026 | Listed by Weichert Realtors | $499,000 | |
| Listed by Weichert Realtors | |||
| Jun 6, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | Listed by Crossroads Realty Executive Office | $339,900 | |
| Listed by Crossroads Realty Executive Office | |||
| | |||
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Wow, Roof is only a few years old. Bring your imagination to make it your own. Split floor plan with the master on its own side with private bath, plus an additional three bedrooms, eat in kitchen, office area, dining room or large family room, deck and so, so much more. All this and a great location. This home is much bigger then it looks from the front. There is even a separate utility shed for the furnace. Grass is enhanced in photographs.
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| Jan 30, 2023 | No longer available | - | |
| No longer available | |||
| Jul 9, 2022 | Price Decreased |
$354,900
↓ $10K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017