40
Map
737 Preakness Drive
About This Property
Relax in the spacious 42'' wide Jacuzzi or enjoy a refreshing shower in the spa-like bathroom. Wake up to stunning pool & lake views, with sliding doors into your bedroom.
Sliding doors connect the living room to the beautiful pool area, providing a seamless indoor-outdoor experience.
The sparkling blue pool is surrounded by lake views. The covered seating area, complete with roll-down shades, finishes this gorgeous outdoor entertaining area. Perfect for relaxation or hosting gatherings.
House has Bahama + hurricane shutters.
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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 | Sold | ||
| Sold | |||
| Jan 26, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Price Decreased |
$539,700
↓ $100
(0%) | |
| Price Decreased | |||
| Dec 7, 2024 | Price Decreased |
$539,800
↓ $200
(0%) | |
| Price Decreased | |||
| Nov 13, 2024 | Price Decreased |
$540,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017