7 DRAKE
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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 |
|---|---|---|---|
| Apr 16, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by Signature Realty NJ | $449,000 | |
| Listed by Signature Realty NJ | |||
| Sep 5, 2017 | Sold | ||
| Sold | |||
| Jun 14, 2017 | Listed by Weichert Realtors-Burlington | $280,000 | |
| Listed by Weichert Realtors-Burlington | |||
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See this one immediately!!! NEW ROOF, NEW HEATING, NEW AIR CONDITIONING, NEW HOT WATER HEATER, NEW FLOORING, NEW APPLIANCES and if that's not enough this meticulously kept Davenport II model with Loft in prestigious Holiday Village East is setting upon a serene oversized lot at the end of a quiet cul-de-sac. No traffic to contend with here! This delightful 55 and over residence features an updated eat in kitchen with granite countertops and new appliances, a living room with gas fireplace, dining room, and family room with skylights. Also featuring a SPECTACULAR four seasons sun room complete with its very own heating and air conditioning system which allow for relaxing inside comfortably any season while viewing your scenic yard. The master bedrooms with master bath and the second bedroom and main bath are both located on the first floor. There is a spacious loft on the second floor which could serve as a guest bedroom, private study, or playroom for the grandchildren. Additionally you'll find a peaceful rear patio accented with landscape lighting where you'll spend endless hours taking in the views of the spectacular tree lined rear yard which is backing up to Green Acres. Other amenities include gutter guards, remote controlled shades in the living room, ceiling fans throughout, built in bookshelves, and exterior sprinkler system.. Clubhouse includes a pool, fitness center and tennis courts. Come and see this delightful property as soon as possible! You will not be disappointed! Showings begin on Monday 6/19/2017.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017