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Map
7308 Black Mountain DR
About This Property
Custom upgrades throughout: wood flooring, soft-close cabinetry, Silestone quartz countertops, fresh interior and exterior paint, upgraded trim, custom light fixtures, and a beautiful custom metal/white oak stair rail. The spa-like primary bath includes an air massage soaking tub, rain head shower with handheld sprayer, and premium unlacquered brass California Faucets. Entire home was repainted inside and out, roof replaced, added attic insulation, truly a move-in ready home!
Enjoy smart home living with 2 brand-new Lennox Elite HVAC systems, Lutron Casita smart dimmers, motorized custom drapes, Google Fiber, a tankless water heater, prewired sound in the family room, smart garage doors, and a reverse osmosis system connected to the sink and fridge. The backyard features low-maintenance artificial turf and a Rachio smart irrigation system.
Covered Bridge offers a resort-style amenity center with pool, dog park, trails, green space, and future pickleball, tennis, and basketball courts-perfect for active living and community connection.
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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 |
|---|---|---|---|
| Jun 19, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Listed by Southerly Realty, LLC | $829,700 | |
| Listed by Southerly Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017