7097 LUZ DE SOL Drive
About This Property
Walking inside this home you will notice how warm and charming it is. Updated with love you will find a formal living room with beautiful wood looking tile flooring and windows with custom shutters. Turn to your left and you know where the guys will watch football and the guests will get their welcome drink. Gorgeous custom build bar area. There is a formal dining area with a slate tile accent wall and a large kitchen with breakfast bar and lots of cabinet and counter space opening to a very spacious living room with fireplace, prewired for speakers and a slate accent wall. To your left is a spacious master bedroom. Master Bath with double vanity, garden tub and separate shower. To the left are 2 more good sized bedrooms and a full bath. Walking outside to your backyard you can't wait for a BBQ with family and friends. Covered and open patio, artifical turf, trees and city view. This is how being home feels like
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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 |
|---|---|---|---|
| Oct 28, 2020 | Sold | ||
| Sold | |||
| Aug 12, 2020 | Listed by Keller Williams Realty | $218,500 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017