706 Allison Drive
About This Property
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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 |
|---|---|---|---|
| Sep 22, 2021 | Sold | ||
| Sold | |||
| Aug 10, 2021 | Listed by KELLER WILLIAMS REALTY | $469,900 | |
| Listed by KELLER WILLIAMS REALTY | |||
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Beautifully renovated home with amazing open floor plan. Formal dining room could become a study. Large living room with fireplace. Family room is in the back of the house with a wet bar and adjacent powder bath. Spacious master bedroom with a door to the patio. Bath has 2 walk-in closets and 2 separate vanities. Behind the garage is a concrete parking area that should accommodate a motor home or boat. Covered patio and large backyard. Lovely neighborhood and walking distance to Owens Trail.
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| May 17, 2021 | Sold | ||
| Sold | |||
| Apr 30, 2021 | Listed by RE/MAX Premier | $275,000 | |
| Listed by RE/MAX Premier | |||
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It's listed at this price because the sellers know that it needs a lot of work. Home has a good floor plan. Formal dining room could become a study. Large living room with fireplace. Family room is in the back of the house with a wet bar and adjacent powder bath. Spacious master bedroom with a door to the patio. Bath has 2 walk-in closets and 2 separate vanities. Behind the garage is a concrete parking area that should accommodate a motor home or boat. Covered patio and large backyard. Lovely neighborhood and walking distance to Owens Trail. Bring your favorite investor! MULTIPLE OFFERS RECEIVED. PLEASE ACKNOWLEDGE RECEIPT OF SELLER'S DISCLOSURE NOTICE AND SUBMIT ALL FINAL OFFERS BY 8:00 PM, 5-4-2021.
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Property Highlights
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Price/ft²
Listed On
Sold On
About Duck Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017