52 Drexel Street
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 |
|---|---|---|---|
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Aug 15, 2023 | In contract | - | |
| In contract | |||
| Jul 12, 2023 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $399,900 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Fabulous New Construction Colonial in Springfield! Featuring 4 bedrooms, 2 full bathrooms, attached 1 car garage and open floor plan. Entertain guests in the eat-in kitchen with oversized dining area, stainless steel appliances, center island with additional seating, quartz countertops and modern soft-close cabinets. The first floor boasts hardwood floors throughout and large windows for an abundance of natural light. There is a slider out to the backyard wood deck complete with access to the large back yard. On the second floor you'll find 4 spacious bedrooms, the primary bedroom with walk-in closets, laundry room right next to the bedrooms, and a shared full bath with double vanity and large linen closet. Expand your living area into the unfinished basement, ready for your personal touches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017