2396 Ritchie Circle
About This Property
I haven't even started to share with you all the other upgrades, like the extra square footage added to the south wall of the home that made a whole new large master bath and closet, extra big 2nd bedroom with so much storage you don't need a storage unit any longer! Then there is the separate heated and cooled shop off the garage with a sink! Check out the upgrade list that is attached- this is one special 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 |
|---|---|---|---|
| Sep 12, 2017 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed by Becky Prater Real Estate | $419,000 | |
| Listed by Becky Prater Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017