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Lot 2 Ruggles Street
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 |
|---|---|---|---|
| Mar 14, 2007 | Sold | ||
| Sold | |||
| Dec 1, 2006 | Listed by Waterwheel Realty | $254,900 | |
| Listed by Waterwheel Realty | |||
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$1,000 free oil at closing! Construction is complete. Full rear dormered 3 br, Cape 26x36. Front to back livingroom, with deck that leads to private back yard. Open concept tiled kitchen, fully applnced, open to dining room. Full tiled baths on 1st & 2nd levels. HWBB/Oil, 200 amp electrical service, maintenance free vinyl siding. Walk out basement has possible future bonus area. Level lot. Town water & sewer.
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| May 16, 2005 | Sold | ||
| Sold | |||
| Oct 23, 2002 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017