2071 Picture Point Dr
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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2024 | Listed by RE/MAX Alliance-FTC South | $1,699,000 | |
| Listed by RE/MAX Alliance-FTC South | |||
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Lluxurious new home at The Ridge at Water Valley by Classic Colorado Designs. This chic modern home offers high end design, expertly selected finishes & a stunning location that will make it an opportunity that is impossible to pass up! An entertainers dream this home flows from the kitchen & great room areas, down to a spacious rec space in the finished walk-out basement and out to 3 stunning outdoor entertaining areas to soak up the sweeping views. Roof top deck, covered deck & a lower patio will make your entertaining dreams come true! Professionally landscaped 3 car heated garage with golf cart door leading to the path!
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| Apr 11, 2024 | Listed | $1,799,000 | |
| Listed | |||
| | |||
|
Stunning new home at The Ridge at Water Valley by Classic Colorado Designs. This chic modern home offers high end design, expertly selected finishes & a stunning location that will make it an opportunity that is impossible to pass up! An entertainers dream this home flows from the kitchen & great room areas, down to a spacious rec space in the finished walk-out basement and out to 3 stunning outdoor entertaining areas to soak up the sweeping views. Roof top deck, covered deck & a lower patio will make your entertaining dreams come true! Landscaping included! 3 car heated garage with golf cart door leading to the path!
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| Mar 29, 2024 | Listed | $1,799,000 | |
| Listed | |||
| | |||
|
Stunning new home at The Ridge at Water Valley by Classic Colorado Designs. This chic modern home offers high end design, expertly selected finishes & a stunning location that will make it an opportunity that is impossible to pass up! An entertainers dream this home flows from the kitchen & great room areas, down to a spacious rec space in the finished walk-out basement and out to 3 stunning outdoor entertaining areas to soak up the sweeping views. Roof top deck, covered deck & a lower patio will make your entertaining dreams come true! Landscaping included! 3 car heated garage with golf cart door leading to the path!
| |||
| Jun 16, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017