7317 Enchanted Point Drive
About This Property
This stunning 5-bedroom house boasts ample living space and luxurious amenities. Upon entering, you'll be greeted by a spacious foyer leading to a grand living room, perfect for entertaining guests. The gourmet kitchen features top-of-the-line appliances and an expansive island with quartz countertops open to a large dining area. The home includes two primary suites that are a true oasis, with a private spa-like bathroom, one located upstairs with a private balcony overlooking the backyard, and one located downstairs. The additional bedrooms are generously sized and offer plenty of natural light. The home also includes a loft perfect for a game room or office. Providing ample space for work and play. Builder assists with buyer's closing costs.
The photos are for demonstration purposes only, not of the actual home. The 3D Tour is of a similar plan.
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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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Relisted | $549,950 | |
| Relisted | |||
| Oct 9, 2023 | Listed by BHGRE ELEVATE | $554,950 | |
| Listed by BHGRE ELEVATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017