5221 Dresden Place
About This Property
Enter through the double doors into a spacious living room with a cozy fireplace, and enjoy the separate family room just off the kitchen-ideal for relaxing or entertaining. The kitchen offers tile floors, freshly painted cabinets, attractive countertops, and appliances.
Down the hall are the bedrooms and bathrooms, including a comfortable primary suite with an attached bathroom. An indoor laundry area adds convenience.
Step outside to a backyard with a patio area and plenty of space to enjoy. Complete with an attached two-car garage and driveway, this home offers comfort, style, and functionality.
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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 26, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| May 4, 2026 | Listed by Coldwell Banker Icon | $624,950 | |
| Listed by Coldwell Banker Icon | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017