6506 Drewfalls Drive
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 |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Apr 21, 2023 | Listed by Keller Williams Metropolitan | $395,000 | |
| Listed by Keller Williams Metropolitan | |||
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Stunning 2-story home w/ an open & spacious floor plan updated w/ modern finishes! The beautiful kitchen includes recently refaced 42" cabinets, recently installed tile backsplash, island, tons of cooking space & storage. The formal dining area is perfect for hosting gatherings & features crown molding & wood floors. The living area boasts a vaulted ceiling, gas fireplace, & wood floors. 2.5 inch blinds are installed in all rooms for privacy & style. The primary bedroom is spacious & features crown molding, w/ a walk-in closet that has storage shelves & hanging space. Electric blinds in the master windows add convenience to this luxurious room. The upstairs features a game-room & 3 bedrooms w/ 1 full bath. Updates to the home include solar screens in the front of the house & master bedroom, recently installed plush carpet, fresh paint throughout the entire home, a recently installed AC unit, & updated bathrooms. Fully fenced backyard enjoys covered patio w/ no back neighbors.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017