2187 Rancho Way
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 |
|---|---|---|---|
| Oct 28, 2024 | Sold | ||
| Sold | |||
| Oct 12, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 1, 2024 | Listed by Singularity Real Estate Group | $630,000 | |
| Listed by Singularity Real Estate Group | |||
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Fully renovated boasting 4 bedrooms and 2 full bathrooms. Spacious formal living room, and a large family room with a reimagined fireplace. Open floor plan, with everything renovated from top to bottom. Large landscaped backyard ready for relaxation and entertaining. Plenty of parking on the side for an RV.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017