7507 Bingham 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%.
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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 |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Oct 28, 2025 | Listed by Corcoran Genesis | $1,450,000 | |
| Listed by Corcoran Genesis | |||
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Welcome to refined country living at 7507 Bingham Drive, nestled within The Reserve at High Meadow Estates. This exquisite estate showcases 5 bedrooms, 4.5 baths, and a 3-car garage. Beyond the grand double doors, a soaring entry and private study set the tone for elegance. The chef’s kitchen impresses with white shaker cabinetry, a striking herringbone backsplash, timeless fixtures, butler’s pantry, and an expansive island ideal for gathering. The open-concept family room features a beamed ceiling, floor-to-ceiling stone fireplace, built-ins, and a wall of sliders, blending indoor comfort with outdoor beauty. Retreat to the luxurious primary suite offering dual vanities, a spa-inspired shower, soaking tub, and custom walk-in closet. Downstairs also includes 3 spacious secondary bedrooms and a gameroom with built-ins, while the upstairs suite offers privacy with its own bath. Step outside to a covered patio with wood-planked ceiling, screens, and outdoor kitchen on over 1.5 lush acres.
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| Apr 4, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017