216 Rancho Drive
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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 7, 2021 | Sold | ||
| Sold | |||
| Apr 2, 2021 | Listed by Keller Williams Realty | $209,000 | |
| Listed by Keller Williams Realty | |||
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Great home in quiet neighborhood! This wonderful home features 3 bedrooms, 2 baths, 2 living room's and is located in Eagle-Mtn Saginaw ISD. As you enter the home you are greeted by beautiful laminate floors throughout the main living, dining and bedrooms! Garage conversion dining room really helps this home to feel spacious with an open living concept. Kitchen includes granite counters, stainless steel appliances and tile backsplash. Generously sized backyard offers plenty of room for the kids or pets to run and play. Quick access to highways , shopping, dining and entertainment. Not included in the sqft measurement is the 270 sqft game room-sunroom addition. Water heater replaced March 2020.
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| Apr 8, 2020 | Sold | ||
| Sold | |||
| Jan 21, 2020 | Listed by Kutach & Company Real Estate | $179,999 | |
| Listed by Kutach & Company Real Estate | |||
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NICE 3 BEDROOM HOME LOCATED IN QUIET NEIGHBORHOOD. HOME FEATURES AN OPEN FLOOR PLAN WITH 3 YEAR OLD UPDATES INCLUDING PAINT, FLOORING, GRANITE ETC. THE SQUARE FOOTAGE IN THIS PROPERTY DOES NOT INCLUDE THE 20X10 BONUS ROOM. THE SELLER IS LOOKING FOR A QUICK SALE AND CLOSING SO BRING ALL OFFERS. PROPERTY TO BE SOLD AS IS, BUYER WILL MAKE NO REPAIRS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017