17
Map
1221 Basalt Ridge Loop
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 |
|---|---|---|---|
| Aug 13, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Listed by Keller Williams DTC | $650,000 | |
| Listed by Keller Williams DTC | |||
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Welcome to this stunning Tri-Point home, perfectly situated on a premium corner lot in the highly coveted Terrain neighborhood! This ideal location offers an abundance of natural light, enhanced privacy, and added space, thanks to a charming breezeway that separates neighboring homes. Inside, you're greeted by soaring ceilings and a dedicated home office, perfect for remote work or a quiet retreat. The spacious great room features a cozy gas fireplace and expansive windows, filling the space with sunlight and warmth. The chef's kitchen is a dream come true, complete with a gas cooktop, large center island, and an abundance of cabinet space. Whether hosting dinner parties or casual meals, the oversized dining area easily accommodates gatherings of any size. Upstairs, you'll find a versatile loft that can be easily converted into a 4th bedroom, in addition to three bedrooms, including a primary suite with a private bath. A full bathroom and an upstairs laundry room complete this level. The full unfinished basement offers endless potential for future living space-whether you envision a media room, gym, or guest suite. Don't miss this rare opportunity to own a bright, spacious home in one of Castle Rock's most desirable communities. With nearby parks, community pool, trails, and top-rated schools, this home truly has it all!
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| Sep 28, 2018 | Sold | ||
| Sold | |||
| Jul 5, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017