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7119 Rancheria Drive
About This Property
Located in the highly sought-after Mission Bend area, this charming 4-bedroom, 2-bath home sits on a quiet cul-de-sac and offers a truly unique feature-an indoor patio near the center of the home, perfect for relaxation or entertaining.
Step inside to an open floor plan with soaring ceilings and abundant natural light. The spacious living room includes a cozy fireplace, while the renovated kitchen features a large island, stainless steel appliances, and modern finishes. Both bathrooms have been beautifully updated, giving the home a fresh, contemporary feel.
Recent upgrades include a NEW roof and fresh paint throughout. Outside, you'll find an expansive patio ideal for gatherings. Additional highlights include a detached garage, wet bar, in-ground sprinkler system, and extra storage space with a storage shed, along with attractive LVP and tile flooring throughout.
This home combines comfort, style, and standout features you won't find anywhere else!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Feb 28, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | Price Decreased |
$300,000
↓ $7K
(2.1%) | |
| Price Decreased | |||
| Jan 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 22, 2026 | Listed by Cedar Stone Realty | $306,500 | |
| Listed by Cedar Stone Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017