16 Ranch Lane
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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 6, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| Apr 20, 2024 | Listed by Turn Key Real Estate | $599,989 | |
| Listed by Turn Key Real Estate | |||
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Real comfy 3BR/1 bath Cape in SPECTACULAR MINT CONDITION. Newer EIK & appliances (refrigerator, stove, dishwasher, microwave) newer Washer/Dryer in Owner's suite on 1st floor. 2 BR on 2nd floor. Newer architectural roof and automatic sprinkler system w/clock W/Rain Sensor to save water. Near shopping, restaurants, parks, and transportation. Hicksville LIRR on Duffy Ave. Turn the Key, go to work the next day, or go out to play.
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| Nov 9, 2015 | Sold | ||
| Sold | |||
| Jun 14, 2015 | Listed by Turn Key Real Estate | $349,000 | |
| Listed by Turn Key Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017