4859 Drew Forest Lane
About This Property
New 2" window blinds on all windows. The roof of this lovely home sports all new shingles, about one month old, and there is a large fenced-in backyard. For Moms with smaller children, this home sits right across the street from the neighborhood park, pool and playground.
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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 |
|---|---|---|---|
| Jun 4, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by A. O. Cain Co | $289,000 | |
| Listed by A. O. Cain Co | |||
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Absolutely beautiful 4-2 1/2-2 home in Timber Forest. Large family room with fireplace and spacious kitchen with all new cabinets and quartz countertops, ceramic backsplash, new gas range with convection oven, new dishwasher, new microwave oven, new deep stainless steel double sinks, huge walk-in pantry. Entire first floor features new ceramic tile. All bedrooms on the second floor feature lovely new carpet with stairs and game room in hardwood flooring. Large primary bedroom has his and hers closets, window seat and a bath with new quartz countertops, new double sinks, garden tub and separate shower stall. Hall bath with new quartz countertops and new sink.
New 2" window blinds on all windows. The roof of this lovely home sports all new shingles, about one month old, and there is a large fenced-in backyard. For Moms with smaller children, this home sits right across the street from the neighborhood park, pool and playground.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017