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19 Ravina Road
About This Property
This property offers 975 sq ft of living space on the main level, with an additional 300 sq ft in the full finished attic.
This home sits on a level, fenced in property and boasts many new/updated features. It is one block to the beach and even offers seasonal lake views.
Inside you'll find premium vinyl flooring throughout; updated eat-in kitchen with stainless steel appliances and butcher block counters; storage pantry with washer and dryer; dining room, living room, bathroom, bedroom, and stairs leading up to the full finished attic with new carpeting.
The full unfinished basement includes utilities on one side and 8ft ceilings on the other. So many possibilities!
House is fully wired for generator hook-up and has a new above ground oil tank. Recent big-ticket items replaced, including: roof= 2018; well tank= 2018; kitchen & flooring= 2018; fence=2019; hot water heater= 2024, above ground oil tank= 2024; furnace= 2025.
Hot market, cool property! Come on in and take a look at your new home!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017