24 Ring 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 |
|---|---|---|---|
| Apr 28, 2006 | Sold | ||
| Sold | |||
| Jan 30, 2006 | Listed by Keller Williams Realty Signature Properties | $188,500 | |
| Listed by Keller Williams Realty Signature Properties | |||
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Buildable lot in desirable area. Approved Title V septic plans for 3 bedroom home. Well is already in with water line and electric underground to foundation site. Land has been cleared with nice buffer of trees on all sides for privacy. Owner has bldg. plans for colonial with 3 bedrooms, 2.5 baths & 2 car garage or build your own design.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017