17-1/2 Ramshorn Rd
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 |
|---|---|---|---|
| Jul 14, 2014 | Sold | ||
| Sold | |||
| May 14, 2014 | Listed by BA Property & Lifestyle Advisors | $267,000 | |
| Listed by BA Property & Lifestyle Advisors | |||
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Nicely updated and maintained cottage on .42 acre lot with 50 feet of frontage on Ramshorn Pond. Open floorplan. Large, Fireplaced Living/Dining Area with views of the pond. Corian topped cabinets in the Galley Kitchen. Refrigerator, dishwasher and new electric range will stay. Laminate flooring and recessed lighting throughout the main level. Stone fireplace adds character and romance. One carpeted Bedroom on the 2nd floor with double closet and plenty of eaves storage. Unfinished walk-out basement with washer/dryer hookups. Terraced lot has parking space at the street level and walkway to the deck off the kitchen. Next level down to the water is the deck at the basement level where an outside shower is available. A large "party deck" is waiting closer to the water with storage shed for your patio furniture. At the water's edge are steps for easy access to the pond. Currently no public access to Ramshorn Pond where swimming, boating & fishing await for your summer enjoyment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017