1360 Rippling Waters Circle
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 |
|---|---|---|---|
| Jul 31, 2023 | No longer available | - | |
| No longer available | |||
| Jun 26, 2023 | In contract | - | |
| In contract | |||
| May 16, 2023 | Price Decreased |
$655,000
↓ $15K
(2.2%) | |
| Price Decreased | |||
| May 10, 2023 | Price Decreased |
$670,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Apr 26, 2023 | Listed by Prime Mountain Properties | $675,000 | |
| Listed by Prime Mountain Properties | |||
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This large, recently built, 4 bedroom home is located in the desirable Cool Springs subdivision. This subdivision offers a neighborhood pool, playground, and a pavilion. This one level living features open floor plans with a living room, formal dining room, bonus room, fireplace with cathedral ceilings and hardwood floors. The large kitchen has plenty of counter space and a gas range. The master bedroom has a large walk-in closet and master bath with separate tub and shower. The attached 3 car (vaulted ceiling) garage has an epoxy floor coating. Three other bedrooms and a full bath are on the other side of the house. The bonus room can be used as an office or sunroom. On City Water & Sewer. Come take a look and make this your next family home! The manager has listed the unit size as 3100 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017