249 Lower Ranch View Dr
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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$115,000
↓ $10K
(8%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$125,000
↓ $15K
(10.7%) | |
| Price Decreased | |||
| Feb 5, 2026 | Listed | $140,000 | |
| Listed | |||
| Nov 8, 2024 | Relisted | $155,000 | |
| Relisted | |||
| Oct 28, 2024 | Listed | $155,000 | |
| Listed | |||
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Flat 1/ 2 acre home site with huge views and easy build. This was first owned by the original developer so it was pushed back in the building envelope to maximize the views of the valley when homes around them would be built. Situated along the biking and hiking trails, with full Granby Ranch benefits which include hike, bike and annual ski pass plus 8 rounds of golf annually!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017