3219 Ribbon Grass 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 |
|---|---|---|---|
| Aug 4, 2021 | Sold | ||
| Sold | |||
| Jun 27, 2021 | Listed by Blue Marlin Real Estate | $565,000 | |
| Listed by Blue Marlin Real Estate | |||
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WON'T LAST! QUIT PLAYING THE VIERA LOTTERY! Not only is this the perfect home, it is in the best location in Sierra Cove, with no homes behind or to the north, you'll have tons of privacy. This home was built the end of last year, TOTALLY upgraded with almost every option possible. This Hawthorn model includes all impact windows, tile and laminate throughout the entire bottom floor, a HUGE lanai, and security system with cameras.
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| Aug 25, 2020 | Listed by Non-MLS or Out of Area | $458,221 | |
| Listed by Non-MLS or Out of Area | |||
| Aug 21, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by Non-MLS or Out of Area | $456,363 | |
| Listed by Non-MLS or Out of Area | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017