31211 Riverlake 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 |
|---|---|---|---|
| Mar 21, 2022 | Sold | ||
| Sold | |||
| Feb 11, 2022 | Listed by RE/MAX Cinco Ranch | $1,465,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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Magnificent Custom Home on a very private 1.33 acres. Launch your kayaks or cast a line off your private dock quietly nestled on the Oxbow Lake. Custom outdoor kitchen with vaulted bead-board ceiling, including ceiling fan, sink, fridge, gas grill and fireplace overlooking the sparkling pool/spa. Inside, this home offers 4 bedrooms, office/study, game room, and 4.5 bathrooms. Three car garage attached garage. Home includes a full home generator and a water well for the pool and irrigation system Schedule your showing, this home will not disappoint and will not last.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017