11710 Rio Corto Drive
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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 |
|---|---|---|---|
| Dec 11, 2020 | Sold | ||
| Sold | |||
| Sep 22, 2020 | Listed by Compass | $785,900 | |
| Listed by Compass | |||
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Gorgeous ranch style home on spacious lot in great cul-de-sac location! Beautiful vaulted ceilings with tongue-in-groove details in the living room complete with a gas fireplace and views of the pool and spacious backyard. Sizable family room has big windows, access and views to the yard. Extra large master suite has vaulted ceilings, oversized walk-in closets, and a spacious ensuite bathroom with recently remodeled tile shower, double vanity, and modern fixtures. Enjoy direct access to the backyard and pool area with glass double french doors from the master bedroom. Backyard has large grassy area, screened in patio off living room near pool, patio off of master bedroom, and detached 2-car garage with separate electrical panel great for workshop or potential granny flat conversion. Large driveway great for parking RV, boat, or ATVs. Owned solar panels produce more power than property is currently using. Desirable Lakeside neighborhood close to schools and walking trails.
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| Oct 16, 2013 | Sold | ||
| Sold | |||
| Sep 5, 2013 | Listed by E2 Realty | $439,900 | |
| Listed by E2 Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017