224 Tumbling River Drive
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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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | Listed by DeRonja Real Estate | $749,999 | |
| Listed by DeRonja Real Estate | |||
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This STUNNING custom Bristol, one of Homes By Dickerson's most coveted plans, is the epitome of style, sophistication + easy living. Soaring windows in foyer flood the home w/natural light, leading to an open living space perfect for entertaining. Family room w/built-in cabinetry flanking the gas fireplace, large chef's kitchen w/oversized island + the loveliest breakfast room! First floor guest suite, dining room/office = WFH, mudroom + a roomy screened porch w/huge fenced yard for cocktails, grilling + pups! Tesla charger in attached 2-car garage. Upstairs, the primary suite is a SERENE retreat, w/a swoon-worthy free-standing soaking tub. French doors lead to a cozy den. Large walk-up attic (840/sf) offers TONS of storage+potential living space. Impeccable quality, beautiful craftsmanship + meticulous detail you can expect from HBD's green-certified homes! Nearly new (just 16 mos!), LOADED w/upgrades + just 15-20 mins to Dtwn Raleigh! Nestled on one of Wendell Fall's prettiest streets, a quick stroll to restaurants, coffee shops, Publix + more! INCREDIBLE Amenities: 2 saltwater pools, splash pad, fitness ctr, trails, playgrounds, dog park...See Docs: Addt'l Upgrades+Details/ Also: www.wendellfalls.com/town-center/
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| Dec 20, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | No longer available | - | |
| No longer available | |||
| Jun 11, 2022 | Listed by Corcoran DeRonja Real Estate | $749,553 | |
| Listed by Corcoran DeRonja Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017