606 Seaway 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 |
|---|---|---|---|
| Oct 23, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | Listed by Coldwell Banker Realty | $289,000 | |
| Listed by Coldwell Banker Realty | |||
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Must see 4 bedroom 1-story home in a very nice section of El Lago Estates! This beautiful home has been lovingly cared for and is move-in ready. Featuring an open concept with numerous upgrades and added features including updated engineered wood flooring, brand new carpet, quartz kitchen countertops, new refrigerator and fresh/neutral paint throughout. Spacious living room has a gas log fireplace, updated light fixtures, and is open to the kitchen! Off the entry is a large formal living and dining room with easy access to the kitchen. The primary bedroom is a nice size with a sliding glass door to the patio and an ensuite bathroom with vanity, updated/modern shower, and walk-in closet. Private backyard features an extended patio and nice green space. Located in a wonderful neighborhood. Amenities include private neighborhood boat ramp into Clear Lake, CCISD schools, area pool, and tennis courts. Never flooded. Don't miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017