31251 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 |
|---|---|---|---|
| Jul 15, 2021 | Sold | ||
| Sold | |||
| Sep 10, 2020 | Listed by RE/MAX Cinco Ranch | $1,225,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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Sprawling Tuscan style 5317 Sq Ft. 1.5 Story stone & stucco beauty built by Custom Home builder, Steve Epps, is located on a gorgeous 1.47 Acre lot on the Oxbow Lake in the much sought after Custom Section of Fulbrook. The unique 1.5 Story split plan was custom designed for today's casual lifestyle featuring the Primary Suite + 2 Secondary Bedrooms (each w/en suite full baths)on the first floor. Also found on the first floor is a Study, large Game/Flex Room + two half baths. This home is exquisitely finished with beautiful Travertine & Wood flooring, high end thermador stainless steel appliances, superb custom crafted cabinetry, gorgeous granite counters, moms office & splendid high ceilings for a wonderful open yet cozy feel as well as capturing the lake views. The 2nd floor Huge Flex areas/rooms offer multiple uses including a 4th bedroom. The Lanai + Outdoor Kitchen offers year round enjoyment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017