1731 Richlen Way
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 17, 2022 | Sold | ||
| Sold | |||
| Jul 10, 2022 | Listed by eXp Realty LLC | $650,000 | |
| Listed by eXp Realty LLC | |||
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Custom Built home Located right on the 9th tee of Thorntree Golf Club in Thorntree Estates. A must-see home with high ceilings, expansive windows, and bamboo hardwood flooring throughout. Large walk-in closets in all bedrooms. Kitchen boasts custom cabinets, granite countertops, and GE Profile appliances, including a built-in refrigerator. Smart home features include thermostats, smoke alarms, and Irrigation. Cozy up by one of 2 fireplaces in winter months or cool off in the pool in summer. Enjoy sunsets on the upstairs balcony, overlooking the golf course. Costco, Target, Best Buy and Home Depot all within 3 miles. Close to Cedar Hill State Park and the Roy Orr Trail which joggers and bikers will both enjoy.
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| Dec 23, 2021 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by Real Sense Real Estate | $525,000 | |
| Listed by Real Sense Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017