198 Ratzer
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%.
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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Mar 22, 2025 | Price Increased |
$1,398,000
↑ $1M
(300.7%) | |
| Price Increased | |||
| Mar 19, 2024 | Listed by Coldwell Banker, Fort Lee | $348,888 | |
| Listed by Coldwell Banker, Fort Lee | |||
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Lot 198R is positioned directly behind the main residence. This approximately .30-acre lot hosts a 1,536 sq ft home, presenting a fantastic opportunity for a rental property or additional living space, enhancing the value and appeal of this exceptional property.***ONLY BEING SOLD IN CONJUNCTION WITH MAIN RESIDENCE AT 198 RATZER RD.***
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017