111 Ralph Mann Dr
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%.
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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 16, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by Lifestyle Realty Group LLC | $499,900 | |
| Listed by Lifestyle Realty Group LLC | |||
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Updated ranch-style home on corner lot with open floor plan and low maintenance exterior! The kitchen and bath are both updated and upgraded. Enjoy a beautifully maintained fenced yard and the convenience of the carport.The back area has been converted to a gorgeous patio space that is private and maintence free. There are 2 bedrooms on the first floor, the 3rd bedroom was made into a stairwell and 2 rooms added in space above. They are currently being used as bedrooms and have sloped ceilings with height in the center being 6 feet. This is a slab - so no basement but there's lots of storage with 2 sheds, and both are equipped with electricity. House is heated by gas and on city sewer. The location couldn't be more ideal being approx one mile to the train station, and walk to the schools and shopping in the center.The property includes an existing solar panel lease at $223.00 / monthly, which offers great energy saving benefits.
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| Apr 18, 2017 | Sold | ||
| Sold | |||
| Feb 27, 2017 | Listed by Crimmins Real Estate | $260,000 | |
| Listed by Crimmins Real Estate | |||
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7 room ranch/cape, which includes 3 season room, with 2 skylights, off kitchen, is uniquely built by having its first floor middle bedroom turned into a stairway entrance to the second floor which contains 2 bedrooms, one with built in air conditioner, for your younger children, ceiling height is 6'. Kitchen has granite counter tops and ceiling fan, bathroom was updated 7 years ago; state of art heating system is only 10 years old, roof and down stairs carpeting are only 3 years old; front storm door is only 1 year old; baseboard gas heat; shed, fenced in yard, carport and brand new ( 3 months ) town sewerage hookup are just a few more of the extras that go with this immaculate home on a corner lot, within walking distance to convenience stores, etc Dates of upgrades are approximate per seller
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017