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7111 RICKER AVENUE
About This Property
Inside, you'll find soaring vaulted ceilings, a spacious living room, a versatile flex room that can serve as a formal dining room, home office, or additional living space, and a cozy den featuring a stunning stone fireplace. The kitchen has been updated with new countertops, a new refrigerator, and a new stove, while the bathrooms feature elegant granite countertops. A brand-new 2026 roof provides added peace of mind.
One of the home's standout features is the incredible 25' x 35' (875-square-foot) screened porch-an exceptional outdoor living space perfect for entertaining, relaxing with family and friends, or simply enjoying the peaceful natural surroundings year-round.
The property also offers an attached 1.5-car garage, a detached garage that's ideal for extra storage or a workshop, a large carport for additional covered parking, and plenty of room for RVs, boats, hobbies, gardening, or simply enjoying your own private slice of Florida.
Conveniently located just minutes from I-75, shopping, dining, and everyday amenities, this unique property offers the tranquility of country living with easy access to everything you need.
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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 |
|---|---|---|---|
| Aug 7, 2026 | Price Decreased |
$384,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$399,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| May 3, 2026 | Listed by TROPIC SHORES REALTY LLC | $409,000 | |
| Listed by TROPIC SHORES REALTY LLC | |||
| May 5, 2023 | Sold | ||
| Sold | |||
| Aug 30, 2022 | Listed by TROPIC SHORES REALTY LLC | $340,000 | |
| Listed by TROPIC SHORES REALTY LLC | |||
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About Ridge Manor Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017