209 Ravenna Drive
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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%.
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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 |
|---|---|---|---|
| Dec 27, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $999,990 | |
| Listed | |||
| | |||
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PRICE ADJUSTMENT, NAPLES ISLAND BEAUTY!! Beautiful two-level turn key home in the heart of Naples Island, close to Mother's beach, Naples canals and Belmont Shore. This home has been beautifully upgraded and maintained. The living room is open to the kitchen and features beautiful hardwood floors, a fireplace and plantation shutters. The modern kitchen has a stylish white subway tile back-splash, white quartz counters, stainless steel appliances and a convenient breakfast bar. There are two spacious bedrooms downstairs and an updated bathroom with a walk-in shower. The ground floor also features an open landing that is currently being used as an office. The master suite is upstairs providing privacy. The master bedroom features soft white carpet, a walk in closet, more plantation shutters and lots of light. The master bathroom is also updated and features tile floors, designer trims and a separate shower and tub. This beautiful home has central AC, a one car garage and parking for two additional cars, and a private back patio that is ideal for entertaining. Situated on a quiet street, but close to shops, restaurants and the beach and with award winning schools. Seller has moved out of state, please bring all offers. The manager has listed the unit size as 1642 square feet.
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| Jun 12, 2019 | Listed by Redfin Corporation | $959,990 | |
| Listed by Redfin Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017