802 Netherland Drive
About This Property
The open floor plan is light and bright, with a spacious living area that flows seamlessly into the kitchen-perfect for daily living and entertaining. The kitchen includes a 32' built-in microwave, and the entire home is fully insulated, including the garage. The HVAC system has been modified to extend into the garage, offering year-round comfort and creating potential for a home gym, workshop, or bonus room.
Enjoy a large backyard with three storage sheds, one of which has been converted into a livable space with electricity and a window unit-ideal for a private office, creative studio, or peaceful retreat.
Additional features include a durable metal roof, ensuring long-lasting protection and low maintenance.
Located just minutes from the Parks Mall, The Highlands, parks, schools, shopping, and entertainment-with quick access to I-20, UTA, and AT&T Stadium-this home sits in an unbeatable location with everything at your fingertips.
Whether you're a first-time homebuyer or an investor looking to expand your rental portfolio, this property offers comfort, flexibility, and excellent value in a highly desirable area.
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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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | Price Increased |
$279,000
↑ $9K
(3.3%) | |
| Price Increased | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Price Decreased |
$270,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Jun 30, 2025 | Price Decreased |
$279,900
↓ $100
(0%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017