53 Park Drive
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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 11, 2025 | Sold | ||
| Sold | |||
| Jun 16, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by RE/MAX Integrity Leaders | $400,000 | |
| Listed by RE/MAX Integrity Leaders | |||
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Charming Ranch Style Home Featuring Central Air, Hardwood Floors Throughout, and a Brand New Roof, Gutters, and Soffit. Inside You'll Find a Large Open Living Room, Two Generously Sized Bedrooms, and Tasteful Updates Throughout. Set on a Spacious, Flat Lot, This Home is a Great Opportunity for First-Time Buyers or Those Looking to Downsize. A Perfect Blend of Comfort, Space, and Value. Don't Miss it!!
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| Mar 3, 2021 | Sold | ||
| Sold | |||
| Dec 29, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017