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311 Rio Grande LOOP
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 23, 2026 | Listed by The Stacy Group, LLC | $474,900 | |
| Listed by The Stacy Group, LLC | |||
| Jul 2, 2026 | No longer available | - | |
| No longer available | |||
| Jun 5, 2026 | Price Decreased |
$477,500
↓ $19K
(3.7%) | |
| Price Decreased | |||
| Feb 26, 2026 | Listed by RE/MAX Fine Properties | $496,000 | |
| Listed by RE/MAX Fine Properties | |||
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Welcome to 311 Rio Grande Loop, a beautifully refreshed Cortez model in the highly sought-after 55+ community of Sun City. Set on an oversized lot in a prime neighborhood location, this home offers the best of both worlds: space and privacy to enjoy your own peaceful retreat, along with the warmth of a community where neighbors still stop to visit over the fence.
The larger lot gives you room to garden, relax, entertain, or enjoy a quiet morning outdoors, while the surrounding neighborhood creates an inviting sense of connection and security. Whether you are taking a walk, heading to activities, or simply enjoying time at home, Sun City offers the comfort of knowing you are part of an active and supportive community.
Inside, the home has been thoughtfully refreshed for easy, comfortable living. A brand-new HVAC system provides peace of mind, while new luxury vinyl plank flooring throughout the main living areas adds a clean, modern look with low-maintenance appeal. Fresh interior paint gives the home a bright, move-in ready feel.
The Cortez floor plan is loved for its practical and versatile design. Open living and dining spaces flow easily into the kitchen, creating a welcoming setting for everyday living or hosting friends and family. The third bedroom offers flexibility for guests, a home office, craft room, or additional living space. The private primary suite includes an en suite bath and generous closet space, while secondary bedrooms are comfortably positioned for visiting family and friends.
Life in Sun City means access to resort-style amenities including golf, fitness centers, pools, walking trails, tennis, pickleball, social clubs, and countless activities designed for an active adult lifestyle. With convenient access to shopping, dining, medical facilities, and the historic Georgetown Square, 311 Rio Grande Loop offers a refreshed home, an oversized lot, and the sense of community that makes Sun City such a special place to call home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017