12193 SUN RAY Way
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 8, 2025 | Sold | ||
| Sold | |||
| Aug 11, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Listed by The Real Estate Power Houses | $235,670 | |
| Listed by The Real Estate Power Houses | |||
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Adorable move-in ready 3-bed, 2-bath single-story home perfect for a starter family or investor! This home has been successfully used as a furnished rental and is ready to continue generating income. The updated kitchen features stunning white quartz countertops, crisp white cabinets, gold brass hardware, and a matching faucet, paired with stainless steel appliances for a sleek, modern look. The layout offers a comfortable flow, updated bathrooms, and stylish finishes throughout. Furniture—including washer and dryer—is available for $5,000, making this a true turnkey opportunity for investors or an easy move for owner-occupants. Whether you're settling into your first home or looking for a low-maintenance income property, this gem checks all the boxes. Don't miss your chance to own this charming, income-ready home—schedule your showing today!
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| Jan 14, 2022 | Sold | ||
| Sold | |||
| Nov 30, 2021 | Listed by Deal NOW Realty, LLC | $178,800 | |
| Listed by Deal NOW Realty, LLC | |||
Property Highlights
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About El Paso
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017