5205 DANNY Drive
About This Property
There's a privacy wall for a nice seating area in front. Walk in to new paint and carpet throughout. There are several original features of the home. Starting with the African Limba wood kitchen cabinets. These are unique and there is even a corner shelf for spices or knickknacks. An original- and still working- electric oven adds character to the kitchen. The vented cooktop was replaced but the original controls were left in for that retro look. There are 3 bedrooms with the master boasting its own updated shower. There is a bonus room which can be used as an office, formal dining room or even another bedroom as there is a closet. The large double paned windows in the rear of the home were replaced and are gorgeous, allowing in so much natural light. If you like pecans you can harvest your own from the two mature trees in back. This is a great home in very good shape. Check out the virtual tour or stop by soon.
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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%.
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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 |
|---|---|---|---|
| May 18, 2020 | Sold | ||
| Sold | |||
| Apr 25, 2020 | Listed by Coldwell Banker Legacy | $107,950 | |
| Listed by Coldwell Banker Legacy | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017