25541 Rangewood
About This Property
floorplan, and an equestrian-zoned homesite of about 1.3 acres are showcased. The home extends approx. 2,865 s.f. and hosts 4 bedrooms and 3 brand-new baths. A fresh remodel has added European white oak wide-plank hardwood flooring throughout, LED lighting, and contemporary fixtures and finishes. Powered by solar panels that reduce electric bills, the home is upgraded with new PEX piping, new energy efficient water heater,
furnace and pool equipment and a state-of-the-art Kinetico whole home water filtration system. Bright, white and open to the family room,
an all-new kitchen shines with quartz counter-tops, a peninsula with waterfall design, subway-tile backsplash, white Shaker cabinetry, and
top-tier stainless steel appliances from Sub-Zero and Wolf. The sleek master suite features 2 sliders to the backyard, and a custom bath
with new tub, new shower, marble flooring and quartz countertop. Enviable improvements are featured outside as well, where a nature
park-caliber backyard is graced with mature trees, a large pool, separate spa, synthetic grass and a pergola. An upper terrace
presents scenic views and a horse corral, a road for feed and supply delivery, and land is available for future expansion.
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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 |
|---|---|---|---|
| Aug 5, 2019 | Sold | ||
| Sold | |||
| Jun 21, 2019 | No longer available | - | |
| No longer available | |||
| Jun 19, 2019 | Listed by Surterre Properties Inc | $1,695,000 | |
| Listed by Surterre Properties Inc | |||
| May 3, 2019 | Price Decreased |
$1,768,000
↓ $81K
(4.4%) | |
| Price Decreased | |||
| Apr 28, 2019 | Price Decreased |
$1,849,000
↓ $50K
(2.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017