5331 Rio 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 23, 2021 | Sold | ||
| Sold | |||
| Jul 3, 2021 | Listed by Century 21 Life Changers, Inc. | $234,900 | |
| Listed by Century 21 Life Changers, Inc. | |||
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If your looking for your next home, look no more, you have found it! 3-2-2 plus a study in the well established neighborhood of Highlands Ranch. This home has been well maintained and it shows. Home is 3 sides brick with cement board on the back, 2 covered porches, approximate 10x10 area of decked space in garage attic and additional decking over house. Some doors are widened to accommodate a wheelchair. The breakfast bar/island seats 4 comfortably and has electricity and additional counter space as well as the sink and dishwasher. Family room/dining/kitchen are all open to each other making for a great entertaining area. Primary bedroom is split away from other bedrooms, as is the study. Washer and dryer can stay with no warranty or guarantee. There is also a set of custom Hurricane window coverings. All plumbing is flex pipe so no frozen pipes during the freeze. Every water source can be turned off individually so that main water supply can remain on. Call now to see this beauty!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017