62
Map
1160 Rialto 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 |
|---|---|---|---|
| Jun 4, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Relisted | $630,000 | |
| Relisted | |||
| Apr 17, 2025 | No longer available | - | |
| No longer available | |||
| Apr 9, 2025 | Listed by Blue Realty Team, LLC | $630,000 | |
| Listed by Blue Realty Team, LLC | |||
| | |||
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Beautifully upgraded 4/2.5 home nestled on a cul-de-sac with an expansive, oversized lot! The community pool, clubhouse, gym and playground are just steps from your front door! Inside, you're greeted by soaring 20ft ceilings in the main living area, with tons of natural light. The heart of the home is the fully remodeled kitchen, boasting stunning quartz countertops, solid wood cabinets, and stainless steel appliances. You also have updated bathrooms and flooring and can enjoy peace of mind with full hurricane protection at all openings. But the true gem of this property is the huge backyard. Featuring six different fruit trees and four mature pineapple plants! This expansive space is perfect for entertaining, gardening, or simply enjoying the Florida sunshine.
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About Melear
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017