21
Map
5020 Evergreen Drive
About This Property
Recent major updates provide peace of mind, including a new hot water heater (July 2025), HVAC system replaced in 2019, and foundation repair in November 2025, with lifetime transferrable warranty. Exterior improvements include fresh paint (October 2025), a cedar fence, and roof in April 2026. Smart home features include a WiFi-enabled keyless entry and garage door opener (October 2025); garage springs replaced in 2024.
Located near HWY 121 & I-75 in a desirable community featuring three pools, walking-biking trails, and close to E.A. Randles Park and Johnson elementary school. Convenient to shopping and dining-this home offers comfort, updates and location.
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Cap Rate Calculator
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 17, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| Apr 20, 2026 | Price Decreased |
$376,500
↓ $13K
(3.4%) | |
| Price Decreased | |||
| Apr 6, 2026 | Listed by Coldwell Banker Realty | $389,900 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017