1506 Rancho Drive
About This Property
Conveniently located, close to restaurants, shopping centers, and easy access to I 635.
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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 |
|---|---|---|---|
| May 20, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by Coldwell Banker Apex, REALTORS | $255,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Beautiful 2 story home with lots of natural light through the house! Modern kitchen with white cabinets and stainless steel appliances, granite countertops with an island, and spacious pantry. This house offers two living areas; the second one can be used as a game room, office, home gym, or even convert into a 4th bedroom. Newly installed carpet, AC unit, wood fence, fresh paint, and much more! Roof replaced February 2021
Conveniently located, close to restaurants, shopping centers, and easy access to I 635.
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| Jan 8, 2021 | Sold | ||
| Sold | |||
| Oct 14, 2020 | Listed by Kile Properties | $155,000 | |
| Listed by Kile Properties | |||
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2 story home with 3 bedrooms, 2.1 bathrooms, & 2 living areas. Large backyard with wood fence. Home needs TLC throughout. Home is being Sold AS-IS.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017