716 Rockledge Trail
About This Property
In addition to the main living space, the home includes a detached office or apartment that is fully equipped with a microwave, drink fridge, sink, and full bath-ideal for working from home or hosting guests. This versatile space provides both privacy and convenience. Recent updates include fresh paint, new light fixtures, and bathroom upgrades. Situated in the desirable Point Vista neighborhood, this home offers upscale living with all the modern amenities 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 15, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2025 | Price Decreased |
$995,000
↓ $164K
(14.2%) | |
| Price Decreased | |||
| Mar 5, 2025 | Listed by Williams Trew Real Estate | $1,159,000 | |
| Listed by Williams Trew Real Estate | |||
| Apr 24, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017