5205 Parliament Drive
About This Property
Welcome to 5205 Parliament Drive – this beautifully renovated 4-bedroom, 2.5-bath home offers modern updates, an open layout, and a low-maintenance turf backyard on a 0.36-acre lot with no HOA.
This home blends classic charm with sleek upgrades, including a completely updated kitchen featuring granite countertops, a navy island, and all-new stainless steel appliances.
Enjoy an open-concept layout with brand-new luxury vinyl flooring, large windows, and fresh sod in the front yard. The luxurious primary suite is a true retreat with a spa-like en suite bath that boasts a freestanding tub, oversized shower, dual sinks, and gold accents.
Entertain with ease in the open living, dining, and kitchen areas or step outside to a fenced backyard with low-maintenance enclosed turf-perfect for pets and play. Additional highlights include a walk-in closet, chandelier lighting, no HOA, great curb appeal, and top-rated schools nearby.
Located in a quiet neighborhood just minutes from Lake Arlington, top schools, and shopping – this home combines style, space, and convenience in one move-in-ready package.
Schedule your showing today or visit our open house this weekend!
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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 |
|---|---|---|---|
| Sep 23, 2025 | Sold | ||
| Sold | |||
| Sep 8, 2025 | In contract | - | |
| In contract | |||
| Aug 4, 2025 | Price Decreased |
$434,900
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Jul 15, 2025 | Price Decreased |
$449,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jun 25, 2025 | Listed by Keller Williams Realty DPR | $455,000 | |
| Listed by Keller Williams Realty DPR | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017