7434 Rivercane Shore Lane
About This Property
The modern kitchen offers a large island with a single basin sink, quartz countertops, a gas range, and a spacious pantry-perfect for both everyday living and entertaining. The primary suite provides a peaceful retreat with an en-suite bath, while the covered back patio is ideal for relaxing outdoors and enjoying tranquil lake views.
Additional highlights include a gas instant hot water heater and access to wonderful community amenities such as a park, pool, and scenic walking trails. Conveniently situated near major highways, shopping, and dining, this move-in ready home combines comfort, style, and a picturesque lakefront setting.
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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 |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Nov 2, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Price Decreased |
$375,000
↓ $13K
(3.4%) | |
| Price Decreased | |||
| Sep 13, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 7, 2025 | Listed by SKW Realty | $388,000 | |
| Listed by SKW Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017