6347 DAVIS 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%.
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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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Keller Williams Realty Centre | $450,000 | |
| Listed by Keller Williams Realty Centre | |||
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Welcome to your own private sanctuary situated on 1.47 acres of land in highly sought after Mt. Airy! As you enter, you immediately notice the new LVP flooring and fresh paint throughout the entire house. The living room features a bow window allowing an abundance of natural lighting and a woodstove for relaxing comfort on those cold winter nights. The kitchen has been updated with new countertops, new range and freshly painted cabinets. The primary bedroom, updated full bath with tiled shower, separate tub and dual vanity, and two additional bedrooms with a shared full bath on the main level. The lower level has been recently updated and can be used as additional living space or a rec-room and features a wood burning fireplace. This home additionally offers a 2 car garage and a picturesque backyard that backs to trees and a shed to store your yard tools. This home has been recently updated from top to bottom and is awaiting its new owner! Roof has a 50 year warranty expiring August 31, 2061! Just minutes from downtown Mt. Airy, Taylorsville and major commuter routes like R27 and I70. Welcome home! Multiple offers in hand, offer deadline Monday at 12pm!!
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| May 2, 1985 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017