10785 Ramsgate Drive
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | Listed by Berkshire Hathaway HomeService | $899,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 11, 2020 | In contract | - | |
| In contract | |||
| Nov 6, 2020 | Listed | $699,000 | |
| Listed | |||
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Completed remodeled home on an oversized corner lot with owned solar panels! ***New roof and windows. ***Brand new kitchen with stainless steel appliances, modern open shelving, cabinets, and subway tile backsplash. ***Gorgeous new bathrooms with custom tile showers and tasteful fixtures. ***All new waterproof laminate flooring. ***Freshly painted inside and out. ***Bright and open living area with vaulted ceilings, skylights, and fireplace. The manager has listed the unit size as 1885 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017