197 PRAIRIE RIDGE Drive
About This Property
downstairs and new carpet upstairs, this home feels fresh and inviting. The kitchen is a true
highlight, featuring granite countertops, new cabinets, SS appliances, hooded vent, and a stylish
backsplash. The large kitchen island complements the open floor plan perfectly. The primary
bedroom is conveniently located on the first floor. All bedrooms have walk-in closets, large
bonus room upstairs. Secluded in a private cul-de-sac, you'll find a fenced-in backyard,
breathtaking views of the lagoon. Great schools, convenient shopping and popular restaurants.
Some photos may be virtually staged.
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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 |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Price Decreased |
$509,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Oct 24, 2024 | Price Decreased |
$510,000
↓ $3K
(0.6%) | |
| Price Decreased | |||
| Sep 20, 2024 | Price Decreased |
$513,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017