53 Drake Road
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 |
|---|---|---|---|
| Sep 8, 2026 | Listed by F.L.I. Properties | $164,900 | |
| Listed by F.L.I. Properties | |||
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | Listed by Southern Classic Realtors | $139,900 | |
| Listed by Southern Classic Realtors | |||
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Don't miss this perfect country getaway!! With over 1200 sqft you have room to stretch out in this 3 Bed / 2 Bath home! Featuring an open concept and a split bedroom plan! New paint throughout and flooring in most rooms! New Roof! Private & level yard perfect for kids to run around! Spend your late evenings on the amazing front porch or back porch!! Rosemont School Zone!
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| Oct 1, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017