405 Rio Lane
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 2, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jul 3, 2024 | Price Decreased |
$585,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
| May 30, 2024 | Listed by Coville & Company | $599,999 | |
| Listed by Coville & Company | |||
| |||
|
Wonderful Value at great price for this beautiful sprawing home in perfect location between the Causeways on cul-de-saq tree lined street of well maintained homes. Great floorplan tiled throughout for easy living. Lots of room for everyone with living room, dining area and kitchen open to spacious family room with fireplace and lots of soft natural light from the ideal north/south exposure. Stylish Upgraded bath includes towel warmer, LED Bathroom Mirror Touch Sensor, and Rain Showerheads. Beautiful interior laundry room with full sized stacked Washer and Dryer - you won't mind doing laundry! Oversized 2 car garage with cabinets, work table and laundry tub. Community minded area with wonderful schools convenient to...everything! - Beach and River, parks, cool shops, great restaurants and more PLUS all of the essentials- schools, library, grocery, home inprovement stores, airport, hospitals and much more. Priced to sell so move quickly!
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| Sep 25, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017