1868 RACHELS RIDGE LOOP #L
About This Property
Don't miss this beautifully maintained residence located just minutes from all the area's top attractions, premier shopping, dining, and civic centers. This charming home has been thoughtfully updated over the years, offering comfort, style, and peace of mind.
Step inside to find a renovated kitchen featuring newer appliances, a spacious kitchen island perfect for entertaining, and modern finishes throughout. The updated master bathroom adds a luxurious touch, while the master bedroom boasts dual closets for ample storage. The second bedroom has been converted into a functional home office-ideal for remote work or hobby space.
Additional features include:
• Roof replaced in 2018
• AC systems installed in 2022
• New electric hot water heater in 2022
• Fresh exterior paint in 2023
• Durable flooring updated just five years ago
• Screened patio for relaxing outdoors
• Inside laundry room for convenience
• Hurricane storm shutters for added protection
This corner-lot gem combines quality upgrades with an unbeatable location. Call today for a private preview
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 18, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
| Jul 12, 2025 | Price Decreased |
$399,000
↓ $26K
(6.1%) | |
| Price Decreased | |||
| Jun 18, 2025 | Price Decreased |
$425,000
↓ $20K
(4.5%) | |
| Price Decreased | |||
| May 1, 2025 | Listed by VALIANT REALTY GROUP LLC | $445,000 | |
| Listed by VALIANT REALTY GROUP LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/01/2025
|
4 Bed
|
2 Bath
|
2060 ft²
|
$445,000
4 Bed
2 Bath
2060 ft²
|
$399,000
-10.34%
08/18/2025
|
Lou Forges
Valiant Realty Group LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017