1985 HICKORY TRACE Drive
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%.
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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 9, 2024 | Sold | ||
| Sold | |||
| Sep 20, 2023 | Listed by COLDWELL BANKER VANGUARD REALTY | $735,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Jun 16, 2023 | Listed by COLDWELL BANKER VANGUARD REALTY | $735,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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Welcome to the gated community of River Hills Reserve. This Rosewood home is an entertainer's dream. Grand yet comfortable, soaring ceilings and windows bathe this home in light and brightness. You will appreciate the open foyer with a split staircase leading to either the loft flanked by four of the bedrooms, or the bonus area, which can be utilized as a sixth bedroom. The spacious owner's suite is on the main floor and features a double vanity, soaker tub, and huge walk-in closet. The cook in the home will appreciate the gourmet kitchen featuring a double oven and gas cooktop, which overlooks the great room with a cathedral ceiling and a three-sided fireplace. Remote workers will enjoy the dedicated office with French doors that open up to the expansive screened lanai, complete with an outdoor kitchen featuring an Evo cooktop, gas grill, refrigerator, and beautiful water and fountain views. With an abundance of separate living spaces, there is room for the whole family to spread out.
Take a quick walk to one of the community's pools, golf club, playground, tennis & volleyball courts. With A-rated schools and a brand-new state-of-the-art hospital close by, this home has so much to offer. Schedule your showing today!
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| Oct 12, 2022 | Sold | ||
| Sold | |||
| Oct 22, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017