1201 Ranch Drive
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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 |
|---|---|---|---|
| Nov 4, 2022 | Sold | ||
| Sold | |||
| Aug 19, 2022 | Listed by Bonham Land & Ranches, LLC | $55,000 | |
| Listed by Bonham Land & Ranches, LLC | |||
| | |||
|
Come build your future home at Legacy Ridge. Building restrictions and survey are on hand. Very quiet neighborhood and within minutes of Legacy Ridge Golf Club and the new Bois D'arc Lake. Very few build ready lots are available for sale in this area.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 29, 2021 | Sold | ||
| Sold | |||
| Mar 9, 2021 | In contract | - | |
| In contract | |||
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Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 12014168
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017