195 Rayford Drive
About This Property
The spacious shop provides endless possibilities with ample room for equipment, vehicles, recreational toys, or workshop needs. Whether you're looking for extra storage, a place to work on projects, or room to grow, this property delivers both convenience and flexibility.
Enjoy the peaceful setting of Lorena while still being close to schools, shopping, dining, and major highways. A rare opportunity to own a property with valuable shop space and small-town charm.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| May 16, 2026 | Listed by Axio Real Estate LLC | $599,000 | |
| Listed by Axio Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017