1003 Cheyenne Ridge Drive
About This Property
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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 |
|---|---|---|---|
| Sep 18, 2023 | Sold | ||
| Sold | |||
| Jun 22, 2023 | Listed by Birdsong Real Estate | $899,600 | |
| Listed by Birdsong Real Estate | |||
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Welcome to 1003 Cheyenne Ridge, this property sits on 5 acres in the highly desirable Suncreek Estates Community! This breathtaking home includes four bedrooms, three and a half bathrooms. Features include study, formal dining room, spacious living room, trey ceilings and a lovely wall of windows that allow natural light to fill the room. Open concept island kitchen with granite counter tops, gas cook top and an abundance of cabinet space. Beautiful primary bedroom large enough for king sized furniture. Nice sized secondary bedrooms separated by a Jack and Jill bathroom, plus a guest suite with a private bathroom. Gorgeous custom landscaping, in-ground pool with complete screened enclosure. The guest/mother-in-law home is 1100 square feet with two bedrooms and two bathrooms. This house also features a 16.3 kWh solar system with 4 Tesla powerwall backup batteries backing up both main home and guest house. This showstopper has everything you could dream of and more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017