7798 ENCHANTED RIDGE 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 |
|---|---|---|---|
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Sep 1, 2022 | Listed by ERA Sellers & Buyers Real Esta | $399,800 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
| Dec 10, 2020 | Sold | ||
| Sold | |||
| Oct 17, 2020 | Listed by RE/MAX Real Estate Experts Group CLOSED | $344,525 | |
| Listed by RE/MAX Real Estate Experts Group CLOSED | |||
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This spectacular custom built single level home is just two years old and has an incredibly well designed floor plan. The Southern Exposure infuses an abundance of natural light into the home. The high ceilings enhance the expansive living space which leads from the front door to the rear of the home. Custom tile floors in the living areas + plantation shutters throughout. The amazing kitchen has custom cabinetry & counter tops, a great sized center island, pantry & stainless appliances. The fabulous Master Suite is a Retreat and features a luxurious Master Bath w/custom cabinetry and counters, a walk-in shower with two entries, a free standing tub and truly generous space in the walk-in closet. Two additional bedrooms share a tandem bath and each has separate vanity areas. The fourth bedroom has easy access to a 3rd bath. The rear yard is fully landscaped & is a low maintenance paradise w/a nice covered patio, separate pergola and inspiring mountain views. An arroyo separates you from rear yard neighbors.
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| Dec 11, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017