5111 Rialto Dr
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jun 10, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by KENTWOOD REAL ESTATE DTC, LLC | $1,200,000 | |
| Listed by KENTWOOD REAL ESTATE DTC, LLC | |||
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Nestled in the heart of the renowned Pradera community and just 2 blocks away from the Pradera Golf Club clubhouse, this is the home often sought after and seldom found! A quiet, private location set on a spacious 0.87 acre lot with gorgeous views of the community, valley and distant ridges, the impeccable yard is most impressive as shown in the photos and offers an expanded covered patio with gas-log fireplace. This amazing masterpiece built by Joyce Homes has rare 5 bedrooms on the upper level with two full bathrooms for the secondary bedrooms and a generous 5-piece bathroom for the primary suite. In addition, there is a 3/4 bathroom on the main level immediately adjacent to the private den/study. The gourmet kitchen is full open to the family room for that great room effect plus provides a large eating space, 4-burner gas stove, expansive pantry, stainless steel appliances, double ovens, trash compactor and large kitchen island. Extensive distressed wood flooring adds a warm, classic touch throughout the main level. A neutral decor with light, sunny windows with plantation shutters make for an atmosphere matching any decorating style. The 3 oversized garage stalls provide ample space for yard equipment, snow blowers, etc. plus additional storage needs. Numerous items have been updated to save the next proud owner from having to replace such as the roof (2019), tankless hot water heater (2023), water filter (2023), water softener (2023), security system ( 2021), smoke/carbon monoxide detectors (2021), sump pump (2023) and more! This home has been impeccably maintained with that rare pride of ownership hard to find. Unique features are found throughout this beautiful home such as convenient dual staircases leading to upper level, structural wood flooring in basement provides flexibility when finishing this area as well as ability to check for water, two different garage areas for separation, elevated lot providing impressive eastern views and more!
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| May 19, 2020 | Sold | ||
| Sold | |||
| Dec 30, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017