5545 DRAKE LOOP 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 |
|---|---|---|---|
| Oct 30, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | Listed by COWFORD REALTY & DESIGN LLC | $349,000 | |
| Listed by COWFORD REALTY & DESIGN LLC | |||
| Jul 6, 2023 | Listed by MARK SPAIN REAL ESTATE | $355,000 | |
| Listed by MARK SPAIN REAL ESTATE | |||
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If peace and quiet is what you are looking for then you have just found it! This countryside 4 bedroom 2 bath home is situated on just under 2 acres of fully fenced agricultural/residential zoned land and is perfect for someone who values some space. The open and inviting kitchen has new silestone counters, a new sink and bay windows opening to a great view of the backyard. Both bathrooms have also been remodeled to feature the silestone counters and new sinks as well. What more can you ask for?! The windows are all new, double pane, impact resistant glass. There is a new water softener, the interior has been freshly painted and the roof was replaced 5 years ago. As a bonus, there is a second, detached, 4 stall garage that makes a perfect workshop, storage for extra vehicles or even a place to run a business out of. This house has plenty of space to grow into and make it your own home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017