7544 Enchanted Point Drive
About This Property
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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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 28, 2025 | Listed by Home Pros Real Estate Group | $423,950 | |
| Listed by Home Pros Real Estate Group | |||
| Dec 3, 2024 | Listed by Home Pros Real Estate Group | $423,950 | |
| Listed by Home Pros Real Estate Group | |||
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Floor plan Desert Aloe 1823. Features 4 Bedrooms, 2.5 Bath, Utility Room, Foyer, Spacious Master Suite. Features: Chefs Kitchen including 36' cooktop, direct hood vent, hidden controls dishwasher, stainless steel pot filler over cook top and large sliding back patio door unit. Energy advantage package is designed to reduce energy consumption by 40% exceeding energy star ratings! Call for more details!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017