243 RAY Street
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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Relisted | $155,000 | |
| Relisted | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 13, 2024 | Listed by Gunrick Residential, Inc. | $155,000 | |
| Listed by Gunrick Residential, Inc. | |||
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Large open Manufactured home in the Forest Park Community. Nice corner lot with a low land lot fee of only $695. Huge eat in kitchen with vaulted ceilings and an island. Leads to a family room with fireplace. Private master bedroom has walk in closet and full updated bathroom. 2 other large bedrooms each with good sized closets. Private laundry room with newer washer/dryer. Laminate floors throughout home. Many upgrades including new gutters, water softener system. Truly a must see.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017