227 Ruby Court
About This Property
The location is equally impressive, surrounded by diverse grocery markets and a variety of restaurants. With the lowest HOA fee in the area at just $145, and convenient access to the 91, 110, and 405 freeways, it is perfect for a daily commute in any direction. This gem is not to be missed. Come see it for yourself and make it your new home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Compass | $950,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/24/2024
| |
3 Bed
|
3 Bath
|
2123 ft²
|
$950,000
3 Bed
3 Bath
2123 ft²
|
$989,000
+4.11%
11/04/2024
|
Tony Kim
SVR Real Estate and Management
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017