12203 Rip Van Winkle 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 |
|---|---|---|---|
| Mar 4, 2024 | Sold | ||
| Sold | |||
| Jan 16, 2024 | In contract | - | |
| In contract | |||
| Jan 12, 2024 | Listed by Martha Turner Sotheby's International Realty | $950,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Multiple offers have been received, and a deadline has been set for all offers due by January 14th at 10:00 PM. Zoned for acclaimed SBISD schools—Frostwood Elementary, Memorial Middle School, and Memorial High School, with Frostwood Elementary just two blocks away. This 3,400+ sqft home ensures immediate comfort and presents the opportunity to build your dream home in the future. Boasting 4 spacious bedrooms, 2 full baths, 2 half baths, a generous formal living space, family room, bonus room, and a sizable laundry room. The large corner lot features a backyard with an expansive patio and a pool. Experience seamless indoor-outdoor living with sliding glass doors in the kitchen, family room, and primary bedroom—all leading to the back patio, flooding the home with natural light. Don't miss this perfect opportunity to create your dream home in this highly sought-after neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017