402 Riesling 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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Jan 28, 2024 | Relisted | $429,500 | |
| Relisted | |||
| Jan 16, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2023 | Listed by RE/MAX Universal | $429,500 | |
| Listed by RE/MAX Universal | |||
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PLEASE SEE 3D VIRTUAL TOUR. Welcome home to this beautiful Cambridge floor plan with 4 Bedroom, 3 1/2 Bath, with a 3 CAR GARAGE. SPACIOUS OPEN CONCEPT FLOOR PLAN with the Family Room with wood burning Fireplace, Kitchen, Dining Room, Living Room and a Master Bedroom with large walk-in closets downstairs. Upstairs you will find a Game Room, 3 Bedrooms, full bath, and a Hollywood Bath. Fenced Backyard. COST AND ENERGY EFFICIENCY FEATURES: 16 Seer HVAC System, Honeywell Programmable Thermostat, Pex Hot & Cold Water Lines, Rheem® High Efficient Tankless Gas Water Heater, Radiant Barrier, and Low E Windows that open to the inside of the home for Cleaning. Martha’s Vineyard will offer residents two large lakes, playgrounds, and splash pad. Alvin ISD. Convenient to Hwy. 6, Hwy 288, and Beltway 8. Get your private tour today!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017