17932 Ranch Drive #21
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%.
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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 |
|---|---|---|---|
| Dec 17, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by Berkshire Hathaway Hm Ser | $590,000 | |
| Listed by Berkshire Hathaway Hm Ser | |||
| Oct 12, 2022 | No longer available | - | |
| No longer available | |||
| Aug 29, 2022 | Listed by First Team Real Estate | $530,000 | |
| Listed by First Team Real Estate | |||
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|
End unit location! Single-story, no interior steps, no one above you, and only one connected neighbor. Super close to the Pool and Clubhouse! The Rancho Linda community, right across from the Richard Nixon Library, is conveniently walking distance to shopping, restaurants, library, post office, hiking trails, Bristol Farms and more. No carpet, all laminate-type and tile flooring throughout, plus updated windows and recessed lighting! Kitchen features granite countertops, white cabinetry, gas stove, microwave, dishwasher, separate pantry closet and a breakfast bar countertop. Hall bathroom has a full tub/shower, and an area with room for a stackable washer/dryer. The front bedroom has a handy door to access the back of the w/d, if needed. Master bedroom has its own attached bathroom with a walk-in shower. Very private fenced-in back patio with pretty laid bricks and a doggie door. One car shared garage is very close by and has one designated parking space with room for storage, PLUS there's plenty of unassigned parking around the complex and on the street. The manager has listed the unit size as 946 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/25/2024
|
2 Bed
|
2 Bath
|
946 ft²
|
$590,000
2 Bed
2 Bath
946 ft²
|
$580,000
-1.69%
12/17/2024
|
Maria Palacios
Rodeo Realty- Brentwood
| |
|
08/29/2022
|
2 Bed
|
2 Bath
|
946 ft²
|
$530,000
2 Bed
2 Bath
946 ft²
|
-
-
|
Angela Brown
Point Home Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017