551 Dawn 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 |
|---|---|---|---|
| May 28, 2020 | Sold | ||
| Sold | |||
| May 6, 2020 | Listed by Intero Real Estate Services | $1,899,000 | |
| Listed by Intero Real Estate Services | |||
| Aug 18, 2019 | No longer available | - | |
| No longer available | |||
| Jul 22, 2019 | Listed | $1,899,000 | |
| Listed | |||
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Your mid-century modern home awaits. Original Eichler with flat roofs and unpainted redwood ceilings in most rooms. Large 8,700 sf lot with room to expand. Wide, quiet street with only local traffic. Las Palmas Park is only 2 blocks away. Large, very private backyard with shade and sun in different places all day. Plenty of light and beautiful hardwood floors welcome you home. French doors lead from the kitchen and two bedrooms to the backyard and large patio area. Plum, apple, redwood & other large trees, plus established landscaping. Upgrades in 2019 incl. interior and exterior paint, light fixtures & bathroom fixtures, some new hardwood flooring that matches nicely the existing refinished hardwood flooring, new Big Chill 1950s style fridge, driveway replaced. Quaint garden shed. County records show 1309 sf, appraisal shows 1385 sf. Buyer to verify this and all information so they are able to use the property as they envision. The manager has listed the unit size as 1385 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017