2 Ranch Lane
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 |
|---|---|---|---|
| Apr 30, 2012 | Sold | ||
| Sold | |||
| Feb 8, 2012 | Listed by Nancy Nickerson Real Estate | $240,000 | |
| Listed by Nancy Nickerson Real Estate | |||
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Great location, very private. 95% brand new construction in this hide-a-way home. Cathedral ceilings, recessed lights, beautiful granite counters w/single bowl stainless steel sink & appliances. 95% efficient Energy*Carrier Infinity FHA propane fired furnace. Bamboo laminated flr in LR. Bath&masterBR door oversized. View very private back yd from kitchen & master BR. This house sits on a sunny land peninsula. The brick patio&frnt porch accent outdoor enjoyment. 50gal H2O heater.
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| Jun 28, 2010 | Sold | ||
| Sold | |||
| Aug 19, 2009 | Listed by Taylor Agency | $129,900 | |
| Listed by Taylor Agency | |||
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Address: 335 Madison Avenue, New York, NY 10017