11009 RAY MENA Lane
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 6, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Price Decreased |
$329,000
↓ $10K
(3%) | |
| Price Decreased | |||
| May 22, 2025 | Price Decreased |
$339,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
| Jan 28, 2025 | Listed by Century 21 The Edge | $350,000 | |
| Listed by Century 21 The Edge | |||
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This gorgeous two story home is located in the desirable Sandstone Ranch Subdivision. Located just over a mile from the Franklin Mountains State Park entrance. You will have endless options for outdoor activities and fun with over 150 miles of hiking and biking trails! Your new home comes with four bedrooms three bathrooms and an open floor plan, with a large living area on each floor. Master Bedroom is located downstairs. The kitchen comes complete with stainless steel appliances as well as granite countertops. Come see this beautiful home!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017