11203 Ranch Road 2222 RD #704
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Price Decreased |
$330,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Apr 18, 2024 | Listed by Keller Williams Realty | $340,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/11/2026
|
2 Bed
|
2 Bath
|
1252 ft²
|
$269,900
2 Bed
2 Bath
1252 ft²
|
-
-
|
Ted Mueller
Theodore Mueller, Broker
| |
|
04/06/2026
|
2 Bed
|
2 Bath
|
1325 ft²
|
$270,000
2 Bed
2 Bath
1325 ft²
|
-
-
|
Preya Sundaram
Col Realty
| |
|
01/27/2026
|
2 Bed
|
2 Bath
|
1259 ft²
|
$305,000
2 Bed
2 Bath
1259 ft²
|
-
-
|
Hannah Mickey
Keller Williams - Austin SW
| |
|
03/15/2025
|
2 Bed
|
2 Bath
|
1220 ft²
|
$339,900
2 Bed
2 Bath
1220 ft²
|
$339,900
03/15/2025
|
Robin McDonald
Blackburn Properties
| |
|
02/28/2025
|
2 Bed
|
2 Bath
|
1162 ft²
|
$270,000
2 Bed
2 Bath
1162 ft²
|
$258,000
-4.44%
02/28/2025
|
Rebecca Pletz
Redfin Corporation
| |
|
11/21/2024
|
2 Bed
|
2 Bath
|
1259 ft²
|
$299,000
2 Bed
2 Bath
1259 ft²
|
$299,000
11/21/2024
|
Aaron Jistel
ListingSpark
| |
|
04/18/2024
|
2 Bed
|
2 Bath
|
1541 ft²
|
$340,000
2 Bed
2 Bath
1541 ft²
|
$330,000
-2.94%
04/18/2024
|
Brendan Sanford
Keller Williams - Austin NW
| |
|
03/28/2024
|
1 Bed
|
2 Bath
|
1045 ft²
|
$299,000
1 Bed
2 Bath
1045 ft²
|
-
-
|
Matt Kumar
Spyglass Realty
| |
|
06/30/2022
|
2 Bed
|
3 Bath
|
1259 ft²
|
$395,000
2 Bed
3 Bath
1259 ft²
|
-
-
|
Ciara Brubaker
Impact Realty
| |
|
12/01/2022
|
2 Bed
|
2 Bath
|
1350 ft²
|
$415,000
2 Bed
2 Bath
1350 ft²
|
-
-
|
Gene Arant
Keller Williams - Lake Travis
|
Building Info
About Business Park Place
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017