5338 Rio Plata 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 30, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Epic Realty Group, Inc | $869,777 | |
| Listed by Epic Realty Group, Inc | |||
| | |||
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Step into this immaculate single-story gem featuring vaulted ceilings and an abundance of natural light streaming through new windows. The open floor-plan showcases beautiful ceramic tile flooring that mimics rich wood, creating a seamless flow throughout the home. The bright and airy kitchen is a delight with Quartz countertops, white cabinets, a stylish tile backsplash, and sleek countertops. Enjoy the stainless steel sink with charming views of the backyard. The kitchen is open to the living room which exudes warmth and comfort with a cozy fireplace, perfect for relaxing evenings. The vaulted ceiling adds to the spacious feel, making it an inviting gathering spot with skylights that enhance the space, filling it with even more natural light. Retreat to the primary bedroom, which boasts a large sliding door that opens to the backyard, large walk-in closets and an ensuite bathroom with dual sinks and a standing shower. Outside, the playground-style backyard is a true haven for outdoor activities. It includes a play structure, sandbox, shaded grassy area, awning, and planter boxes, making it the perfect space for fun and relaxation. This home combines ultimate comfort with upscale features, all in a desirable location. Don’t miss the opportunity to make this beautifully renovated house your new home!
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| Apr 20, 2017 | Sold | ||
| Sold | |||
| Jan 17, 2017 | Listed by Platinum Realty Executives | $465,000 | |
| Listed by Platinum Realty Executives | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017