17217 Blue Ridge PLACE
About This Property
As you walk through the front door, you'll feel instantly at ease in the spacious, open floor plan. Entertain guests in the formal living and dining rooms, then seamlessly flow into the gourmet kitchen and family room where lasting bonds are built. A bedroom and bathroom complete the first floor and can be used as an in-laws suite or office. You'll find three secondary bedrooms, a luxurious owner's suite, and a multi-purpose bonus room upstairs. The owner's suite features two walk-in closets and a large bathroom. The bonus room is ideal for a playroom, media room, or home office. Step outside and take in the lake views from your private, fenced backyard - the ideal spot to relax or play after a long day. And with solar panels powering this smart home, you'll save big on energy bills! At Polo Run, resort-style amenities abound. Lounge by the pool, get in a workout at the fitness center, enjoy a match on the tennis or pickleball courts, shoot hoops on the basketball court, or stop at the playground for some fun. The clubhouse offers spaces to gather, entertain, or just hang out.
This impeccably maintained home leaves little to be desired.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Jan 18, 2024 | In contract | - | |
| In contract | |||
| Jan 1, 2024 | Price Decreased |
$695,000
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Oct 10, 2023 | Listed by KELLER WILLIAMS REALTY SELECT | $725,000 | |
| Listed by KELLER WILLIAMS REALTY SELECT | |||
| Apr 22, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017