2705 Ranch Road
About This Property
House has a Split floor plan w/formal Living & Dining Area. Separate Great Room for Entertaining! Laminate Wood Floors throughout, no Carpet. Double View Unique Wood Burning Fireplace, which is the Focal Point. Roof Installed 2016. Outside Offers a Pool Area w/Wood Deck and Screen in Porch. Picnic Area w/Custom Wood Brick Oven. Pond w/lots of live Tilapia. Utility Storage. Producing Fruit Trees - Mango, Starfruit, Grapefruit and Oranges. Chicken Coop. Home Warranty. Low Property Taxes. Must See Property! 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 |
|---|---|---|---|
| Aug 30, 2019 | Sold | ||
| Sold | |||
| Apr 11, 2019 | Listed by RE/MAX Aerospace Realty | $359,900 | |
| Listed by RE/MAX Aerospace Realty | |||
| Mar 31, 2019 | No longer available | - | |
| No longer available | |||
| Mar 22, 2019 | Relisted | $359,000 | |
| Relisted | |||
| Mar 21, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
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About June Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017