5609 River Run Street
About This Property
F-I-V-E Fabulous outdoor living areas. A lovely courtyard in front, secluded hot tub, experience the bricked in firepit, cook in the outdoor kitchen w/ Egg & grill, refrigerator and Wood Burning Pizza oven, then enjoy dinner on the balcony with a view of the mountain & sunsets.
Fabulous details Include: Knotty Alder solid wood doors, wood ceilings in the Great room, kitchen and Master. Travertine floors in the kitchen and dining room. The kitchen has a dual gas range and stainless refrigerator & freezer. Interior /exterior walls have South Texas Limestone. Bali automatic blinds, beautiful cabinetry, 2 tankless water heaters, and dual zone refrigerated air & heat.
The master bathroom offers: walk-in closet, freestanding tub, his and hers sinks. Powder room, office and 2 additional guestrooms have hardwood floors and a Jack & Jill bath. HOA dues $180 a month.
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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 |
|---|---|---|---|
| Jul 26, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by RE/MAX Real Estate Experts Group CLOSED | $525,000 | |
| Listed by RE/MAX Real Estate Experts Group CLOSED | |||
| Feb 22, 2010 | Listed by Majestic, REALTORS | $80,025 | |
| Listed by Majestic, REALTORS | |||
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Imagine being surrounded by spectacular mountain views, walking paths, beautiful duck ponds with lush landscaping. Imagine living the peaceful setting of a nature preserve in new, custom-built homes. You will cherish your surroundings and love coming home! Heritage Farms is a master-planned gated community with 24 custom home sites and 39 courtyard home sites. Precisely detailed covenants safeguard the integrity and value of the development.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017