7010 River Rapids Lane
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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.
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 15, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by RE/MAX The Woodlands & Spring | $345,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Stunning stone exterior 1-story in beautiful Twin Falls! Amazing community pool/splash pad area, Walking trails + Fountains & Waterfall. Entertaining is a breeze in this open flowing 3 bedroom split floor plan w/2.5 baths + 2nd bath has 2 sinks +double set of doors great for guest. Work at home in the large Study w/French Doors. Formal dining, built-in desk & cabinets off the kitchen or can be Butlers Pantry. Tons of windows view the huge covered patio,(gas grill remains) oversized private Greenbelt Lot, firepit area + a flourishing Garden. Hardwood floors throughout most of the living areas. The kitchen will blow you away with stunning cabinets, under counter lighting, huge center island, alexia faucet, pendant lights, walk-in pantry all open to the breakfast area & den + corner gas FP. Master is tucked back & private w/garden tub, double granite sinks, separate shower (cool shower head) spacious walk-in closet. Washer, Dryer, & Fridge Included. Per owner no flooding or broken pipes.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017