7218 Rustling Oaks Drive
About This Property
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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.
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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 |
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| May 18, 2022 | Sold | ||
| Sold | |||
| Apr 13, 2022 | Listed by BHGRE Gary Greene | $775,000 | |
| Listed by BHGRE Gary Greene | |||
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ABSOLUTELY FABULOUS! This well-maintained Perry-built home with a POOL is located in the highly desired horse community of Bridlewood Estates and sits on just over 2 acres. The 4 bedroom, 3.5 bath home features an updated primary bath and updated engineered hardwoods. Work from home office on the 1st floor, formal dining room and gameroom upstairs. The oversized 3 car updated garage is fully climate controlled with WIFI. The back half of the garage has been divided into 2 rooms with sinks and has a separate FULL bath. White tiles with gold trim and gold finishes throughout the garage space. The second floor of the garage has been decked, insulated and currently being used as a large teenage slumber party room. Perfect guest house/mother-in-law suite! Stables for 2 horse plus a storage/tack room. Stables have running water and have new PEX piping. The 2 acres are fully fenced with an auto driveway gate. The deck around the pool has recently been updated with concrete stamping.
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| May 3, 2019 | Sold | ||
| Sold | |||
| Apr 6, 2019 | Listed by RE/MAX Fine Properties | $480,000 | |
| Listed by RE/MAX Fine Properties | |||
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This incredible horse property situation on just over 2 acres is set in a heavily-wooded section of Bridlewood Estates. Enter through your automatic driveway gate to the peace and quiet of the country. The home is tastefully updated throughout with engineered hardwoods throughout the ground floor. The large open plan, island kitchen features luxury JennAir appliances. The living room has soaring ceilings, an elegant fireplace surrounded by custom cabinetry and incredible views to the pool and beyond. The master bedroom suite has been fully renovated with gorgeous tile work in the master bathroom and great closet space. Step from your master sitting area to your very private pool and spa and covered patio. Upstairs is the oversized game room, 3 good sized bedrooms all with walk-in closets and two full bathrooms. There is well-maintained stabling for 2 horses and a central tack room.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017