507 LEGACY RIDGE
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 22, 2020 | Sold | ||
| Sold | |||
| Sep 15, 2019 | Listed by Avenue Realty LLC | $795,000 | |
| Listed by Avenue Realty LLC | |||
| | |||
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Spanish Mediterranean style home in guarded Canyon Springs. The courtyard pool is an Entertainers Dream home. Entering the home you are met by a grandeur wide spiral staircase with decorative rod iron railings. Open Floor plan, high ceilings for days, 3 living areas, 2 dining areas and master down. Master bedroom features double vanity, separate garden tub and shower and custom built-in walk-in closet split living to secondary bedrooms. Casita is 5th bedroom which includes full bath and small kitchen.
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| May 3, 2019 | No longer available | - | |
| No longer available | |||
| Mar 15, 2019 | Price Increased |
$1,000,000
↑ $135K
(15.6%) | |
| Price Increased | |||
| Feb 22, 2019 | Price Decreased |
$865,000
↓ $15K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017