7899 Rio Vista 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%.
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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.
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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 |
|---|---|---|---|
| Jul 26, 2019 | Sold | ||
| Sold | |||
| May 9, 2019 | Listed by Century 21 Award | $485,000 | |
| Listed by Century 21 Award | |||
| Sep 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 18, 2018 | Listed | $497,000 | |
| Listed | |||
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Amazing opportunity to own 1 of 2 gorgeous custom riverfront homes situated on a 1+ acre parcel. This is the only avail. lot in Big River that offers a launch ramp, boat dock & beach space. Beautifully-designed 2,750 sq. ft. FURNISHED home features 4 bdrms/3 baths, with the entire upper level dedicated exclusively to the private master bdrm/bath w/retreat and a huge view deck. The home's design and unique position on the expansive lot allows for incomparable views from virtually every room while the functional, open-concept floor plan is perfect for entertaining with a gourmet chef's kitchen and large family/dining rooms, all overlooking the river. The kitchen features crisp white cabinetry, granite counter tops, stainless steel appliances & a huge breakfast bar. Spacious bedrooms and designer bathrooms accommodate plenty of guests. Upgrades include Versailles pattern travertine flooring, raised panel doors, recessed lighting, surround sound, ceiling fans, custom crown/base moldings, built-in entertainment center, leaded glass doors, 2 fireplaces, 3 A/C units. New owner will also own 1/2 (36'x33') of a secure, divided 6-car garage w/separate doors for each owner. Lot also features 2 RV parking spaces w/full hook-ups. Share expenses (prop. tax, water, leasehold, maintenance) & use of amenities w/owner of other home on the lot (used as a vacation home). Electricity is metered separately. Easy access to endless open space for ATV/recreational activity. Land lease only $384/yr. The manager has listed the unit size as 2750 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017