3984 Park 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 |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | Listed by First Team Real Estate | $1,549,000 | |
| Listed by First Team Real Estate | |||
| | |||
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Are you looking for an immaculate single-level home that exudes pride of ownership? You will want to see this spacious single level that offers three bedrooms and three baths. From the curb, this home has a welcoming and beachy feel. When you step inside the door, you will notice a generously sized entryway to greet your guests. The kitchen is nicely appointed with white cabinetry and granite counters. The cozy dining room offers a charming fireplace. The living room has two skylights that pour in natural light, as well as French doors to your private covered patio with an allumawood trellis and a perfectly sized backyard. The true bonus of this home is an incredibly spacious primary suite that was added to this home in April 2015. The bedroom measures 21.5 x 12. The primary bath is beautifully appointed as well. The backyard offers a producing mango tree, an orange tree, and a lime tree. The garage is oversized. This home has central air conditioning for the few days that you might need it. If you are looking for your home in Olde Carlsbad but have not found the right one---this home is a must-see! Just minutes to the beach, top-rated Carlsbad schools, and charming Carlsbad Village. Don't delay---
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| Apr 17, 2013 | Sold | ||
| Sold | |||
| Mar 27, 2013 | Listed by Liberty Pacific Properties | $579,000 | |
| Listed by Liberty Pacific Properties | |||
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About Carlsbad
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017