403 Davidson DR
About This Property
Move-in ready and recently painted throughout, the light-filled interior boasts brand-new appliances in the functional kitchen. The floorplan offers two comfortable bedrooms, one full bath, and efficient living space designed for low-maintenance living.
Outside, you will find a covered one-car carport and a sprawling, fully fenced backyard that provides endless room for gardening, outdoor entertaining, or pets. An added bonus is the storage building, offering plenty of space for tools and extra gear.
Located in a USDA financing eligible area, this home allows qualified buyers to take advantage of 0% down payment options while securing a versatile, move-in ready asset.
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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 |
|---|---|---|---|
| Aug 12, 2026 | Listed by Watters International Realty | $250,000 | |
| Listed by Watters International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017