2086 N Ranchette Road
About This Property
Experience the perfect blend of rural tranquility and convenience in this 3-bedroom, 2.5-bathroom one-story home on a spacious 1.1-acre lot. Located just outside the city limits on a paved road, this property offers a serene retreat and is just minutes from Lake Texoma!!!
The open floor plan, cozy fireplace, and modern kitchen make this home ideal for family gatherings. Notably, there's a half bathroom on the back covered patio for added convenience.
Energy-efficient with foam encapsulation, this home is both beautiful and practical. An assumable FHA loan at 5.125% interest rate presents an excellent opportunity.
With room to garden or expand, this property is a rare find. Don't miss your chance; schedule a viewing today!
The manager has listed the unit size as 2109 square feet.
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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 |
|---|---|---|---|
| Jan 26, 2024 | No longer available | - | |
| No longer available | |||
| Nov 7, 2023 | Listed by eXp Realty, LLC | $359,900 | |
| Listed by eXp Realty, LLC | |||
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3-Bedroom Home on 1.1 Acres - Assumable FHA Loan!
Experience the perfect blend of rural tranquility and convenience in this 3-bedroom, 2.5-bathroom one-story home on a spacious 1.1-acre lot. Located just outside the city limits on a paved road, this property offers a serene retreat and is just minutes from Lake Texoma!!!
The open floor plan, cozy fireplace, and modern kitchen make this home ideal for family gatherings. Notably, there's a half bathroom on the back covered patio for added convenience.
Energy-efficient with foam encapsulation, this home is both beautiful and practical. An assumable FHA loan at 5.125% interest rate presents an excellent opportunity.
With room to garden or expand, this property is a rare find. Don't miss your chance; schedule a viewing today! The manager has listed the unit size as 2109 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017