17507 Mount Riga Drive
About This Property
This home is located in The Groves, a master planned community with amenities such as: a pool, a fishing dock, a community center, and multiple neighborhood activities throughout the year. *Zoned to Groves Elementary School, West Lake Middle School, and Atascocita High School.
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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 |
|---|---|---|---|
| May 24, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Listed by Keller Williams Realty | $515,000 | |
| Listed by Keller Williams Realty | |||
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This beautiful 5 bedroom 4.5 bathroom Highland Home is sure to WOW you! From the vaulted ceilings in the living room lined by large wooden beams and the charming stoned fireplace, to the updated utility room with cabinets and a sink, to the media room upstairs; this home is a show stopper. The kitchen features tall white cabinets, subway tile backsplash, double ovens, a gas stove, pots and pans drawer, and a large island. The home has the coveted 2 bedrooms downstairs; both with en-suite bathrooms.
This home is located in The Groves, a master planned community with amenities such as: a pool, a fishing dock, a community center, and multiple neighborhood activities throughout the year. *Zoned to Groves Elementary School, West Lake Middle School, and Atascocita High School.
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About Woodlawn Acres
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017