0 Mandalay Ridge
About This Property
Imagine waking up each day to views that are simply beyond compare-a million-dollar panorama that stretches out before you, transforming every moment into a postcard-worthy scene. Whether you're sipping your morning coffee or winding down with an evening cookout, the breathtaking vista promises to be an ever-present source of wonder and inspiration.
Here, you'll enjoy the perfect balance of serenity and space. The ample acreage affords you the luxury of privacy and the freedom to create-be it a lush garden, a cozy outdoor living area, or a spacious backyard where memories are waiting to be made.
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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 22, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | Listed by Homecoin.com | $82,000 | |
| Listed by Homecoin.com | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017