7218 Swanson Drive
About This Property
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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 |
|---|---|---|---|
| Jun 11, 2021 | Sold | ||
| Sold | |||
| Mar 27, 2021 | Listed by Rockstar Realtors LLC | $658,500 | |
| Listed by Rockstar Realtors LLC | |||
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Exquisite, custom home on over two and a half acres in Foster Creek Estates. This gorgeous property backs up to a tranquil, stocked creek/pond and is so idyllic, it has hosted four weddings. On the backside of the lot is a large, custom metal shop / barn (48x30) with 9k pound vehicle lift included (can be removed if not desired) with additional covered sitting area attached to the shop. Take a swim in the sparkling private, in-ground pool behind the property, relax in the hot tub, or sit back and sip your coffee on the covered patio. The interior of the home is in pristine condition with new flooring, paint, lighting and much more. The floorplan flows great with lots of natural light and is open and spacious with the extra rooms perfectly placed away from the master bedroom. There is an extra game room upstairs with wet bar and half bath; plenty of potential e.g. billiard room, man/woman cave, or converted to be an extra room with plenty of privacy. Horses and donkeys are allowed!
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Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Foster Creek Est
Similar Homes for Sale
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$5,500 /mo
- 4 Beds
- 3 Baths
- 3,625 ft²
$2,495 /mo
- 4 Beds
- 2 Baths
- 2,630 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017