11 Rita Road
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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | Listed by Keller Williams Realty Evolution | $575,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Welcome to 11 Rita Road! This Ranch Style property, nestled in sought-after West Peabody, has been lovingly maintained by its original owners and is now ready for you to make it your own. With 3 Bedrooms and 1.5 Baths, this property boasts hardwood flooring throughout most rooms, inviting living room with fireplace, spacious dining room and kitchen provide ample space for entertaining, while the sun-filled family room offers access to the expansive deck and backyard, ideal for enjoying the outdoors. Need more space? Discover the endless possibilities in the sizable unfinished lower level, offering potential for additional living space for whatever suits your needs. Located at the end of a dead-end street, this property offers both location and convenience, with nearby amenities including trails, shopping, and easy access to major routes. Showings begin Thursday 4/25. Offers due Tues: 4/30 by 11:00 am. Do NOT walk the property grounds without agent. Property is being sold as is as seen.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017