2103 Rope Maker Road
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Jul 5, 2024 | Listed by Pam Westlake Realty Group | $650,000 | |
| Listed by Pam Westlake Realty Group | |||
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Stunning home in desirable location on premium corner waterfront lot-sellers loved the model home & it shows! Follow the brick walkway under the trees leading to the covered brick porch. Inside are numerous upgrades including wood-look tile, crown molding, wood beams and brick entry wall. The heart of the home is the open kitchen, living and dining room. The kitchen has upgraded dark stainless appliances, herringbone pattern brick backsplash, quartz counters, gas cooktop, gorgeous lighting, drawer organizers, high-end fixtures, walk-in pantry. In the living area is a lovely modern brick fireplace, ceiling fan, solar tubes & space to entertain. Fantastic shiplap wall highlights the study with a view to the pond. Relax in the media room or on the covered back porch. The primary has a view to the pond & a wonderful ensuite with extra large shower, walk-in custom closet, plus a vanity area. Newer paint in/out. Garage has epoxy finished floors, water softener & workshop area. Visit today!
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About The Woodlands
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$1,900 /mo
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017