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1031 Ritchey Street
About This Property
Features include a spacious living room, large kitchen with plenty of storage, new LVP flooring, three replacement windows, fresh interior paint, updated electrical service, PVC kitchen drain line, and repaired kitchen and bathroom flooring.
A wonderful investment opportunity for a rental or an affordable starter home for a family!
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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 5, 2026 | Price Decreased |
$180,000
↓ $3K
(1.6%) | |
| Price Decreased | |||
| Sep 21, 2026 | Price Decreased |
$183,000
↓ $6K
(3.2%) | |
| Price Decreased | |||
| Sep 1, 2026 | Listed by Epique Realty LLC | $189,000 | |
| Listed by Epique Realty LLC | |||
| Jan 7, 2022 | Sold | ||
| Sold | |||
| Oct 3, 2021 | Listed by Real Estate Shoppe TX, LLC | $175,000 | |
| Listed by Real Estate Shoppe TX, LLC | |||
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Adorable 3 bedroom, one bath investment property or family home, located conveniently on a corner lot, just minutes from the hustle and bustle of downtown Gainesville. Featuring new LVP flooring throughout, large living room and kitchen with plenty of storage, and room for entertaining. This little bungalow is ready for you to make it your own! Electrical service throughout the home was just updated. New roof to be put on prior to closing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017