1540 Ramey Road
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 |
|---|---|---|---|
| May 25, 2022 | No longer available | - | |
| No longer available | |||
| May 24, 2022 | Sold | ||
| Sold | |||
| Apr 22, 2022 | In contract | - | |
| In contract | |||
| Apr 13, 2022 | Listed by Poss Realty | $479,000 | |
| Listed by Poss Realty | |||
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If you are looking for a quality built home and fantastic value for your money, this is it! This "log" home features laminated timbers instead of individual logs. It offers the look and the feel of a log home without all of the hassles from seasonal shrinking. The main level with a great room, office, laundry, and en suite bedroom opens to wrap-around porches. The upper level features spacious guest bedrooms with window alcoves. All new metal roof and skylights! The terrace level features an additional family room, workshop, and greenhouse! The area around the house is fully fenced with 11.5 - 12' fencing to keep the deer out of the gardens. There is an additional lot with the home, bringing the acreage to 4 acres! This home has many built-in cabinets for storage. (Be sure to look at the bottom cabinet in the master bath that opens to the laundry room closet. No need to carry your laundry through the house.) The workshop is a woodworker's dream, and the terraced gardens are in place and awaiting a gardener. This home is loved, and it shows! All paved roads and driveways. Close to schools! This home offers value, style, quality, and a great location. The manager has listed the unit size as 2866 square feet.
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| Mar 24, 2022 | Listed by Poss Realty | $479,000 | |
| Listed by Poss Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017