311 Rike Road
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 |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$20,000
↓ $10K
(33.3%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by Coldwell Banker American Dream | $30,000 | |
| Listed by Coldwell Banker American Dream | |||
| Aug 25, 2025 | No longer available | - | |
| No longer available | |||
| Jul 16, 2025 | Listed by Coldwell Banker American Dream | $245,000 | |
| Listed by Coldwell Banker American Dream | |||
| | |||
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New Construction 4 months to completion. You currently have the option to customize all the colors of this home! Reputable quality construction that has everything you need in the heart of Mabank City. This home has 3 bedrooms, 2 baths, and a 2 car garage. Open design floor plan that feels inviting, with a kitchen island, stainless steel appliances, quartz countertops, master bedroom with a bathroom suite, and large walk-in closet. Vinyl wood plank flooring throughout, the backyard is fenced, and the front yard is sodded. 1-year builder warranty and 10-year bonded builder warranty included. We work with lenders that can make this your home, with options such as 0% down. Don't miss out on this beautiful and conveniently located property.
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| Feb 2, 2025 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017