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1238 Heritage Ranch
About This Property
One of the standout features is the spacious L-shaped covered deck that wraps across the front and along the side of the home, creating an incredible outdoor living space to relax, entertain, and take in the expansive mountain views from sunrise to sunset.
Inside, the well-maintained home features a rare 2-bedroom layout with a thoughtfully added room, providing additional flexible living space. The bathroom offers accessibility features including a walk-in shower, raised toilet, and grab bars for added comfort and ease of use. The home also features a newer roof, covered carport, and large storage shed.
The home is being sold fully furnished, with everything currently inside included with the sale, making this an easy, truly move-in-ready opportunity-just bring your clothes and settle in.
The low $227/month HOA includes water, sewer, trash, WiFi, and basic cable. Residents also enjoy access to community amenities including a pool, fitness room, clubhouse, laundry facilities, and more.
With owned land, no space rent, a fantastic location near the clubhouse, beautiful mountain views, and an impressive L-shaped deck, this home offers a lifestyle and value that are hard to beat within Heritage Ranch.
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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 26, 2026 | Listed by Onyx Homes | $118,500 | |
| Listed by Onyx Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017