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1141 Rancho 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 |
|---|---|---|---|
| Sep 17, 2026 | Listed by Madison Park Realty | $241,000 | |
| Listed by Madison Park Realty | |||
| May 19, 2023 | Sold | ||
| Sold | |||
| Apr 12, 2023 | Listed by Pro-Star Realty LLC | $234,900 | |
| Listed by Pro-Star Realty LLC | |||
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**NICE & CLEAN & READY FOR YOU**3 BEDROOMS, 1 BATHROOM, FRONT ENTRY 1 CAR GARAGE, CENTRAL HEAT & AIR**STORAGE OUT BACK**THIS ONE SPARKLES**FURNACE, WATER HEATER & COOKING STOVE ARE GAS**
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| Oct 7, 2021 | Sold | ||
| Sold | |||
| Aug 30, 2021 | Listed by eXp Realty, LLC | $179,900 | |
| Listed by eXp Realty, LLC | |||
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Beautiful well-maintained, 3 Bedroom 1 bathroom home with large back yard in Mesquite. Garage conversion has been completed to now included indoor washer and dryer area and an extended kitchen for more square footage. Move in Ready. Floors, roof, AC have all been replaced within the last 5 years. This diamond in the rough will not last long. Seller is motivated and ready to move to the lake! Bring all offers. No repairs will be made, home to be sold as is. Agent to verify all information provided. Escrow officer, Mary Chadbourne with Independence Title in Mesquite, TX.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017