2271 The Ranch Road
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 |
|---|---|---|---|
| Jan 16, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2022 | Listed by Possum Kingdom Real Estate | $3,890,000 | |
| Listed by Possum Kingdom Real Estate | |||
| May 13, 2022 | No longer available | - | |
| No longer available | |||
| May 5, 2022 | Listed by Possum Kingdom Real Estate | $3,650,000 | |
| Listed by Possum Kingdom Real Estate | |||
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Utopian hideaway in guard gated community. Long private drive, new landscape by Armstrong Berger. Inside, extensive renovation of soaring ceilings, timber, stone. New custom finishes by Sheri Barringer Design showcase both elegance and history. New window coverings, wall coverings, light fixtures, flooring, furnishings. Enlarged, updated kitchen, new Wolf and Miele appliances, cabinets, marble counters, 2 dishwashers, double ovens, 2 Subzero fridge freezers, wine fridge, Miele coffee system. Formal dining enlarged; 3 walls of windows. All bathrooms and laundry sparkle; new marble, tile, glass, fixtures, new showers. New doors and windows in living spaces. 6 bedrooms, 6 bathrooms. New glistening swimming pool, hot tub, Tucci umbrellas. New covered patio, auto shade screens, infrared heaters, fans. New outdoor kitchen w grille. Separate guest bunkhouse over double garage. Ultimate lake resort community amenities PLUS 1100 acres Common Area, Equestrian Center. Video Utopianlakehome. c o m
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| Oct 18, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017