7402 Scenic Drive
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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 |
|---|---|---|---|
| May 20, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | Listed by Brent King Group | $1,400,000 | |
| Listed by Brent King Group | |||
| Jan 31, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Sep 24, 2024 | Listed by Brent King Group | $1,699,000 | |
| Listed by Brent King Group | |||
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Gorgeous LAKE FRONT 5 bed, 6 bath home in Rockwall ISD. Open and bright, this 2 story home has an oversized backyard, landscaping and plenty of Shoreline.! Step into luxury with Vaulted ceilings in the entry way, Coffered and Barrel ceilings in the living areas, hardwoods, plantation shutters and expansive views of Lake Ray Hubbard from the wall of windows. Chef's dream kitchen features beautiful dark wood cabinetry with upper glass doors, oversized Island with built-ins and plenty of storage. Primary Suite overlooks the water, and has an enormous custom closet, luxurious sunken tub and separate shower. Bonus room with bath above garage. Media Room just off the living area on first floor. Covered Outdoor Living area with grill and tv includes motorized screens while enjoying the view. This gorgeous brick home includes cast stone, 3 car garage with motor court and professional landscaping. Just a few blocks from shopping and restaurant’s.
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| Aug 23, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017