5504 Donavon Drive
About This Property
Spacious loft area overlooks the lower level which would make a great office, play room or storage. Loft area also has an attached nonconforming room which, by adding a closet could be another bedroom.
Exterior has great curb appeal,on the end of the road. Golf course with a attractive bridge is just over the berm in the back and a small storage area and patio in the back of the home as well Garage is large and contains nice shelving and accesses the cabinet containing the mechanicals. Very handicapped accessible with no steps other than the loft Home was built in 2004 but the interior was not finished until 2022 so everything in the interior is new . A real find for any condo buyer
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Cap Rate Calculator
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 28, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Price Decreased |
$289,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Feb 29, 2024 | Listed by HOWARD HANNA REAL ESTATE SERVI | $294,000 | |
| Listed by HOWARD HANNA REAL ESTATE SERVI | |||
| Mar 29, 2019 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/29/2024
| |
2 Bed
|
2 Bath
|
1976 ft²
|
$294,000
2 Bed
2 Bath
1976 ft²
|
$282,000
-4.08%
08/28/2024
|
MARY ANNE RILEY-SEAMANS
HOWARD HANNA REAL ESTATE SERVI
|
|
03/01/2022
| |
3 Bed
|
2 Bath
|
1948 ft²
|
$280,000
3 Bed
2 Bath
1948 ft²
|
-
-
|
TRACEY J CONNORS
ERA REARDON REALTY, L.L.C.
|
|
03/01/2019
| |
Studio
|
-
|
1948 ft²
|
$79,500
Studio
-
1948 ft²
|
-
-
|
-
|
|
02/27/2019
|
Studio
|
-
|
1948 ft²
|
$79,500
Studio
-
1948 ft²
|
$78,000
-1.89%
03/25/2019
|
CHRISTOPHER SPICER
GOOD EARTH REAL ESTATE, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017