1 Ruths Drive
About This Property
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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 |
|---|---|---|---|
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Aug 11, 2023 | Listed by CENTURY 21 MRC | $279,000 | |
| Listed by CENTURY 21 MRC | |||
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Move-in ready! This home is perfect for first time homebuyers, or someone looking to downsize. This well-maintained manufactured home is situated on owned land with 3 beds, 2 baths, and an open floor plan with an abundance of natural light. Relax in your large family room after a long day before you prepare your favorite meal in the updated kitchen with plenty of counter space. The mudroom/laundry offers plenty of storage, and leads you to the attached 1 car garage. Minutes to I-89, downtown St. Albans and all amenities! Open house 8/12/23 from 2-4.
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| Jun 26, 2023 | Sold | ||
| Sold | |||
| Feb 28, 2023 | Listed by Blue Spruce Realty, Inc. | $260,000 | |
| Listed by Blue Spruce Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017