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7573 Red River Road
About This Property
Move right into this impeccable executive waterfront pool home in the highly desirable Riverwalk community: this 4 bed+den, 3 bath Windsor model. The versatile floor plan offers excellent flow and privacy with over 3300 sq ft. Upgrades include NEW ROOF, travertine floors throughout all common areas and bathrooms, new carpeting in bedrooms, crown molding throughout, fenced in backyard, screened in pool, extended driveway, newly painted both inside and out. Located on a nearly 1/4-acre lakeside lot with lush, tropical landscaping on a quiet cul-de-sac. Enjoy resort style living in an established 24-hour guard-gated all ages community.
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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 |
|---|---|---|---|
| Jun 17, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed by Keller Williams Realty - Wellington | $799,900 | |
| Listed by Keller Williams Realty - Wellington | |||
| Dec 15, 2021 | Sold | ||
| Sold | |||
| Aug 14, 2021 | Listed by Keller Williams Realty - Wellington | $625,000 | |
| Listed by Keller Williams Realty - Wellington | |||
| Feb 9, 2006 | Sold | ||
| Sold | |||
Property Highlights
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About Riverwalk
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017