81 RIPPLE Road
About This Property
New construction by Dream Finders Homes in the highly sought-after Beacon Lake community! This Avondale Floor plan features 3 bedrooms and 2baths, an open layout with abundant natural light, a modern kitchen, stainless steel appliances, and a spacious living area perfect for entertaining. The primary suite offers a walk-in closet. Sit on your screen enclosed back porch and enjoy the peaceful views of the serene pond! Beacon Lake offers resort-style amenities, top-rated schools, and a convenient location. Photos are of a similar home-design selections and finishes may vary.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Price Decreased |
$419,990
↓ $40K
(8.7%) | |
| Price Decreased | |||
| Oct 31, 2025 | Price Decreased |
$459,990
↓ $20K
(4.2%) | |
| Price Decreased | |||
| Sep 3, 2025 | Price Decreased |
$479,990
↓ $20K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017