7428 HEATHER WALK DRIVE
About This Property
This villa offers the perfect move-in-ready home in a picturesque and amenity-rich community. Residents of Heather Walk have access to the Community pool that is a heated, salt-water pool with an enormous screened in sunbathing area. There exists a RV and/or Boat Storage Center for a small fee. The Heather also has a large community center and has many social activities and an optional Executive Style (9 hole) golf course at a very reasonable price.
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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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Price Decreased |
$179,500
↓ $10K
(5.3%) | |
| Price Decreased | |||
| Mar 11, 2025 | Price Decreased |
$189,500
↓ $9K
(4.3%) | |
| Price Decreased | |||
| Jan 25, 2025 | Price Decreased |
$198,000
↓ $15K
(7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017