267 Rio Grande 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%.
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 |
|---|---|---|---|
| Jul 12, 2022 | Sold | ||
| Sold | |||
| May 16, 2022 | Listed by Realty Kings Properties | $179,000 | |
| Listed by Realty Kings Properties | |||
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Updated home special ordered to include lots of extra windows for views of the beautiful yard! Recent metal roof with foam insulation plus covered patios on each side of the home for outdoor enjoyment. Flooring is vinyl plank, updated appliances convey. HVACs recent and the breaker box has been updated to include a switch to go off grid with a generator. Living areas and Primary Bed and Bath accommodate large furniture. The kitchen is large with storage galore and plenty of counter space. There is a recent large sink that makes cleanup a breeze! The Garage is four spaces. Plenty of room for all the toys. This is a golf cart and lakeside community so you will need the boat too! Property is almost an acre and is surrounded by a creek that offers plenty of privacy for those evenings in your own hot tub! There is a large garden shed, workshop and storage shed. Space for the RV as well with 50 amp hook up. Come see this special property today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017