700 Drake LN
About This Property
The fully updated interior features fresh paint, new flooring, and stylish finishes throughout. A modern kitchen boasts sleek countertops, brand-new stainless steel appliances, and custom cabinetry. Spacious living areas create an open-concept layout, perfect for entertaining. The luxurious bathrooms have been upgraded with elegant fixtures and tile work, adding a spa-like touch.
Outside, the large backyard provides plenty of space for outdoor gatherings, gardening, or simply relaxing. Situated in a prime location, this home is conveniently close to schools, parks, shopping, and everything Taylor has to offer.
This move-in-ready home is a must-see! Don't miss the opportunity to own a beautifully updated property in this charming community.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 14, 2025 | Listed by Agency Texas Inc | $359,000 | |
| Listed by Agency Texas Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017