7809 Scotia Drive
About This Property
The kitchen is a chef's delight with stainless steel appliances, a gas cooktop, a vent hood, an accent backsplash, an eat-in kitchen dining area, and formal dining. A standout feature is the versatile 5th bedroom or bonus room, enhanced with electronic skylights for natural light and blackout features, making it perfect for movie nights, a home office, or a personal retreat. The primary suite is a luxurious sanctuary with an en-suite bathroom featuring dual vanities, a large garden tub, a separate steam shower, and a spacious walk-in closet. The sunroom and sitting area offer built-in storage, a desk space, and easy access to the backyard. Step outside to your private oasis featuring a large covered patio with a built-in grill, a turfed backyard, and an electronic patio covering that seamlessly extends your living space outdoors for sunny days, or breezy evenings. Conveniently located within walking distance to Bowie Elementary and J.J. Pearce High School, this home blends style, comfort, and functionality in an unbeatable location.
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Jan 11, 2025 | Listed by Keller Williams Realty | $825,000 | |
| Listed by Keller Williams Realty | |||
| Dec 3, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Nov 9, 2024 | Price Decreased |
$850,000
↓ $24K
(2.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017