7022 Rio Blanco 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 |
|---|---|---|---|
| Feb 5, 2021 | Sold | ||
| Sold | |||
| Oct 20, 2020 | Listed by RE/MAX Legacy Living | $189,900 | |
| Listed by RE/MAX Legacy Living | |||
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GREAT starter home in highly sought after neighborhood! Large open living room with brick fireplace and vaulted ceiling. Laminate floors throughout the house. Beautifully designed with neutral colors throughout. Nicely manicured front and backyard. Enjoy relaxing on your patio overlooking great backyard. Ample natural light throughout house. Community center with swimming pool and playgrounds. Conveniently located near Westpark Tollway and shopping centers. This home is move-in ready. Schedule your private showing today. This home will sell fast!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017