1204 Ranch Drive
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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Price Decreased |
$59,000
↓ $10K
(14.5%) | |
| Price Decreased | |||
| Aug 8, 2025 | Listed by Keller Williams NO. Collin Cty | $69,000 | |
| Listed by Keller Williams NO. Collin Cty | |||
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Build your dream home in the highly desirable Legacy Ridge Golf Course Community. This 0.4138-acre homesite (Lot 159) offers beautiful views, peaceful surroundings, and plenty of space to design a custom home with a pool and outdoor living area. Located in one of Bonham’s most sought-after neighborhoods, this property combines golf course living with the exciting growth happening in the area. Whether you’re building now or planning for the future, this lot offers incredible potential.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017