7949 DROVERS Lane
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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 |
|---|---|---|---|
| Jan 14, 2026 | Sold | ||
| Sold | |||
| Dec 23, 2025 | In contract | - | |
| In contract | |||
| Dec 18, 2025 | Listed by Coldwell Banker Apex, REALTORS | $529,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| Jun 16, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by Arnold-REALTORS | $440,000 | |
| Listed by Arnold-REALTORS | |||
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4 bedroom 2.5 bath home on 2 acres in beautiful Saddle Creek Estates! Wylie East Schools. Large, insulated 20 by 40 shop with electricity ! Plus an RV carport with a storage room! Pretty living area with fireplace, built-in bookcases & vaulted ceiling. Newer carpet throughout. Kitchen open to dining area, bright with many windows! Stainless Steel, newer microwave & dishwasher. Nice breakfast bar & breakfast nook with many windows to enjoy the view. Second living area or formal dining area off hall close to the kitchen. Long hall leading to 2 large bedrooms & pretty guest bath with shower. 3rd bedroom and master bedroom down another hall. Plus laundry room and half bath for guests! Master bedroom has bath with double sinks, soaking tub, separate shower & large walk-in closet! Partial Wrap around covered porch to relax & enjoy the view! Great for plants! Long driveway with extra parking, leads to the shop & RV garage. Sprinkler System. Pretty views all around. Deer roam freely here!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017