11853 Travesia Place
About This Property
The Rhode Island is a single-story new construction home with three bedrooms plus a flex room and two baths. Primary bedroom zone separate with walk-in closet and spacious bath with large shower, double vanity & hardwood cabinets plus a large vanity mirror. Nice open floor plan, Beautiful kitchen with island, granite countertops throughout, tile backsplash, wall oven and microwave, cooktop, nice range hood plus dishwasher, all stainless steel. Rich wood cabinets with crown molding plus hardware. Ceramic tile flooring in living and wet areas, carpet in all bedrooms. Double-pane windows, with faux wood blinds on major windows. Central refrigerated A/C, ceiling fans in living room and primary bedroom. 8-foot entry door, farmhouse-style elevation with cultured stone. Pictures are for proposed plan and not of actual home and for demonstration purposes only -Photos of staged Model Home
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 25, 2026 | Listed by Better Homes and Gardens Real Estate Elevate | $291,950 | |
| Listed by Better Homes and Gardens Real Estate Elevate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017