7584 Red Ruby 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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Price Decreased |
$429,900
↓ $13K
(2.9%) | |
| Price Decreased | |||
| Jul 20, 2025 | Price Decreased |
$442,899
↓ $1
(0%) | |
| Price Decreased | |||
| Jul 2, 2025 | Listed | $442,900 | |
| Listed | |||
| | |||
|
JUST REDUCED! SELLER MOTIVATED! Stunning 55+ 2 Bed 2 Bath villa with a breathtaking lake view, one car garage! Pristine! Shows like a model! Fully Remodeled! A must see! Private gem. Largest patio floor plan, Modern style Resort Style living, waterfall Quartz Countertops, Newer Paint, large porcelain tile floors throughout. Screened and Shuttered Florida room can be an additional room leading out to lake front, paved patio and lush grassy backyard. Full Accordion shutters, Lawn, Roof, Exterior Maintenance and Insurance, Internet, Cable, Water and Alarm System ALL INCLUDED in Association payment! Worry-Free, Active adult community. Emerald Pointe features a billiards room, a heated pool, theater room, tennis courts, library, fitness center, pickle ball and much more! Come see for yourself !
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Property Highlights
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About Emerald Pointe
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,695 /mo
- 2 Beds
- 2 Baths
- 1,728 ft²
$10,000 /mo
- 4 Beds
- 3 Baths
- 3,124 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017