245 RANCH LAND Circle
About This Property
The spacious primary suite offers a spa-like bath with a freestanding tub and rain shower. Additional highlights include an oak staircase, open loft railing, stacked cabinetry, upgraded laundry, dimmer switches, & motion lighting. Enjoy a linear fireplace, expansive sliding doors, and an extended covered lanai with outdoor kitchen prep. Upgraded garages & extended driveways, epoxy floors and mini-split AC/heat. E A rare blend of style, space, and upgrades--don't miss it! See attached upgrade list - home has more than the builders model !
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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 |
|---|---|---|---|
| May 7, 2026 | Listed by EXP REALTY LLC | $1,950,000 | |
| Listed by EXP REALTY LLC | |||
| Jun 9, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017