821 Commanche Drive
About This Property
Welcome to this Newport Gem that offers unparalleled flexibility with a spacious 2,522 sqft. layout featuring 3 bedrooms, 2.5 baths, extra storage rooms, large bonus and an incredible amount of character. Mountain views, dual-living potential, and space galore. *All at an unbeatable price!*
The fully finished basement boasts a complete second kitchen, making it the ultimate setup for multi-generational living, an epic guest suite, or potential rental income.
Step outside to a massive, covered back deck designed perfectly for relaxing against scenic mountain views. Complete with a 2-car garage featuring two bonus rooms providing ample storage for every hobby, this is the rare find that checks every single box. If you've been searching for character, convenience, and endless space, this is the one! Schedule your tour today!
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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 |
|---|---|---|---|
| Oct 5, 2026 | Price Decreased |
$394,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jul 18, 2026 | Listed by Tennessee Life Real Estate Professionals | $399,900 | |
| Listed by Tennessee Life Real Estate Professionals | |||
| Aug 12, 2023 | No longer available | - | |
| No longer available | |||
| Jul 15, 2023 | In contract | - | |
| In contract | |||
| Jul 6, 2023 | Relisted | $309,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017