123 Ray St
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 |
|---|---|---|---|
| Jun 10, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by Ideal Real Estate Services, Inc. | $324,900 | |
| Listed by Ideal Real Estate Services, Inc. | |||
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Very unique opportunity to buy a "new" right sized 2 bedroom, 2 bathroom ranch with attached garage and all fenced in yard on a dead-end street. Home was completely rebuilt in 2021 due to a fire (APO, documentation available). Walk into the bright family room with slider onto new trex deck and access to large garage. Kitchen is large and bright with high cathedral ceiling, white cabinets, stainless appliances, and black granite. The open floor plan is beautiful with the living room and dining area spacious yet cozy. Each full bedroom has its own bathroom, one has a large walk in closet, the other has a large bathroom with laundry. In the cellar you will find lots of space and new mechanicals, high efficiency gas furnace with air conditioning, new gas hot water heater, and electrical panel, Outside is a very large fenced in yard with a fenced in doggie area with stone, shed, and plenty of space for a garden. This is the one to buy if you are looking for a one level all new home.
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| Feb 21, 2019 | Sold | ||
| Sold | |||
| Nov 9, 2018 | Listed by Ideal Real Estate Services, Inc. | $160,000 | |
| Listed by Ideal Real Estate Services, Inc. | |||
| Jul 13, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017