705 Park Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 14, 2026 | Sold | ||
| Sold | |||
| Nov 24, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Relisted | $159,900 | |
| Relisted | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by Integrated Real Estate Ser LLC | $159,900 | |
| Listed by Integrated Real Estate Ser LLC | |||
| |||
|
BACK ON THE MARKET AT NO FAULT OF THE SELLER...Welcome to this adorable ranch, perfect for those seeking convenient one-floor living! This 2-bedroom, 1-bath home has been completely redone from the studs up, offering more updates than you can even count. A one-car detached garage sits behind the home, paired with a brand-new blacktop driveway and new garage doors. Step inside to a bright, modern space featuring all new appliances in 2025—dishwasher, stove, refrigerator, microwave—along with a new kitchen sink and counters. Updates continue with new heating system, recessed lighting, windows, flooring, paint, sheetrock, interior doors, thermostats, electrical panel, switches, and plates. The exterior boasts a new foundation, fresh exterior paint, and new garage flooring, ensuring peace of mind for years to come. Every corner of this home has been thoughtfully upgraded to provide a fresh, move-in-ready space where you can simply unpack and enjoy. With its modern finishes and single-level layout, this home is a rare opportunity you won’t want to miss!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017