7 Rivergate LANE
About This Property
Entertain in style with three sliders leading to the expansive 15x17.5 covered/screened lanai, offering stunning vistas of the lake. The formal dining room provides a perfect setting for gatherings, while the updated fans and light fixtures enhance the ambiance throughout.
Retreat to the primary bedroom oasis, featuring dual sliders to the lanai, trey ceilings, and panoramic lake views. Unwind in the large soaking tub or rejuvenate in the walk-in shower of the en-suite bathroom, complete with a dual vanity sink and a spacious walk-in closet.
The kitchen is a chef's delight, boasting updated cabinets with soft-close features, quartz countertops, and a stylish tile backsplash. Enjoy casual dining in the breakfast nook or gather in the spacious living room, seamlessly connected to the kitchen.
Additional highlights include LVP flooring in the front bedrooms, an updated guest bathroom, gutters, built-in surround sound and a utility sink in the garage. With its meticulously maintained interiors, this home offers the perfect blend of luxury, comfort, and tranquility. Don't miss the opportunity to make it yours! Schedule your showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | In contract | - | |
| In contract | |||
| Mar 30, 2024 | Price Decreased |
$399,574
↓ $19K
(4.6%) | |
| Price Decreased | |||
| Mar 4, 2024 | Listed by YOUR HOME SOLD GUARANTEED REALTY (PC) | $419,000 | |
| Listed by YOUR HOME SOLD GUARANTEED REALTY (PC) | |||
| Jan 24, 2008 | Sold | ||
| Sold | |||
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About Lehigh Woods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017