7057 Rancho Cielo
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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Jul 28, 2025 | Listed by Barry Estates | $6,950,000 | |
| Listed by Barry Estates | |||
| Oct 9, 2020 | No longer available | - | |
| No longer available | |||
| Aug 18, 2019 | Listed | $4,600,000 | |
| Listed | |||
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Best Covenant Value! Gated, single level estate with panoramic southern views from sunrise to sunset. Beautiful windows, soaring ceilings, architectural details and exceptional finishes provide a richly appointed feeling throughout. French doors open to resort style, garden terraces with covered outdoor kitchen/dining, infinity edge pool and lush, mature landscaping. PLUS: Detached gym/casita, Natural gas, Sewer, High Speed Internet and over 3 acres of privacy with less than half the maintenance. The manager has listed the unit size as 8424 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017