17817 Gulf Ranch PLACE
About This Property
This one-story, all concrete block constructed home has an open concept floor plan, featuring a spacious kitchen overlooking large living and dining areas that flow out to a covered lanai, a perfect place to relax or dine alfresco. At the front of the home, you will find two bedrooms that share a full bath, a laundry room off the garage, a fourth bedroom that is an optional den, and a powder bath. Bedroom 1 which includes Bathroom 1, is located at the back of the home for optimum privacy. This home comes with an installed stainless-steel dishwasher, range, and microwave. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability, and amenities are subject to change and prior sale at any time without notice or obligation.
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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 |
|---|---|---|---|
| Apr 7, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by D R HORTON REALTY LLC | $529,990 | |
| Listed by D R HORTON REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017