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1054 Rango Way
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%.
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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | Listed by Coldwell Banker Borrego | $350,000 | |
| Listed by Coldwell Banker Borrego | |||
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Nestled on 4.87 serene acres, this charming 2-bedroom, 2-bath home offers 1,092 sq. ft. of comfortable living space, perfect for a remote desert getaway. Built in 1980, the home features a spacious kitchen with solid surface countertops, plenty of cabinetry, and tile flooring, which extends into the living room and bathrooms for easy maintenance. A versatile bonus room can serve as a 3rd bedroom or home office. Well pump was replaced about a year ago and has a 25 year warranty. In addition to the main house, a cozy guest cottage with its own bath and kitchenette provides extra space for visitors or rental potential. Outside, you'll find a lovely front patio to enjoy peaceful desert evenings. The property includes a well, offering self-sufficient living in this quiet, remote location. Perfect for those seeking tranquility and a connection with nature!
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| Oct 2, 2015 | Sold | ||
| Sold | |||
| Jun 1, 2015 | Listed by Road Runner Realty | $175,000 | |
| Listed by Road Runner Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017