7862 Enchanted Cliff 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 |
|---|---|---|---|
| Jan 11, 2022 | Sold | ||
| Sold | |||
| Nov 5, 2021 | Listed by Dan Olivas & Associates | $323,700 | |
| Listed by Dan Olivas & Associates | |||
| Feb 6, 2019 | Sold | ||
| Sold | |||
| Jun 26, 2018 | Listed by Century 21 The Edge | $258,930 | |
| Listed by Century 21 The Edge | |||
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***Model Home located at 7865 Enchanted Ridge*** The Patina - Innovation in Design. This modern floor plan is an open layout, featuring a large island kitchen, and spacious great room perfect for family gatherings!! Upstairs, you will find a game room/tech center paired with a 4th bedroom perfect for work and play. This versatile area could also be converted into a 5th bedroom and loft area as an option. With so many different possibilities available, the Patina could definitely offer your family a flexible lifestyle with a modern touch in mind. CareFree Homes is El Paso's leading new home builder. We have a reputation for building exceptional homes with solid craftsmanship and innovative designs in neighborhoods you want to live. We use the most modern construction methods and offer the latest in interior design trends giving you the peace of mind of a long lasting home built with value. Photos belong to model home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017