3918 Margate Drive
About This Property
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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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Listed by Joyner Fine Properties | $729,950 | |
| Listed by Joyner Fine Properties | |||
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Welcome to this wonderful tri-level in Traylor Estates. Walk up to this home and immediately enjoy the front porch with access to the expansive screened porch. Walk into the home and start in the foyer, great for greeting guests. Next you go into the living room with fireplace, then through the formal dining room open to the kitchen with island, granite countertops, and stainless steel appliances including stove hood. Going up the stairs you have the four bedrooms including the primary with ensuite bath. The three additional spacious bedrooms share a hallway full bath. Walk-up attic access through a bedroom for your storage needs. Downstairs you can enjoy the rec room that is large enough to host movie nights but also space for a game table or crafting station. Enjoy opening the French doors to the rear patio to bring the outside in. One-car garage and laundry on this level as well. The expansive rear yard is fenced in. Enjoy the new rear covered deck with outdoor kitchen set up. Great location in North Chesterfield close to Trader Joe's, Planet Fitness and Stony Point Fashion Park. Access the James River through Traylor Estates private access!
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| Feb 25, 2021 | Sold | ||
| Sold | |||
| Dec 20, 2020 | Listed by Long & Foster REALTORS | $445,000 | |
| Listed by Long & Foster REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017