7027 River Garden 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%.
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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 27, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Listed by RE/MAX Compass | $289,900 | |
| Listed by RE/MAX Compass | |||
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Multiple offers received. No more showings at this time. This beautifully landscaped, well maintained 3/4 bed, 2 bath David Weekley one-story is MOVE-IN READY! The office/study has a closet and may be used for a 4th bedroom or nursery. New ceramic wood-look tile throughout the home - No Carpet! High ceilings throughout. Custom blinds throughout. Spacious open floor plan. Island kitchen with 5-burner gas cooktop, new double ovens, stainless appliances. Other upgrades include new roof in 2020, new hot water heater, insulation, exterior doors (Pella patio door), some new windows (Anderson), ceiling fans/fixtures, attic barrier, new duct work, 6" gutters with leaf guards, hardiplank chimney, digital thermostat, sprinkler system. Conveniently located to retail, restaurants, Hwy 6, Hwy 290, Beltway 8, Grand Parkway 99. Please disregard the POD in the driveway; pickup is scheduled.
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About Copperfield Southpoint
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017