2707 Ranch Road
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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 |
|---|---|---|---|
| Apr 28, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by Texas Elite Realty | $325,000 | |
| Listed by Texas Elite Realty | |||
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Multiple offers received. Offer deadline April 11 at 5pm. No more showings after 4pm Sunday, April 11. Seller will make a decision Sunday evening, April 11. North facing gem in Quail Hollow on interior lot with nice drive up appeal. Hardwood in entry and kitchen, plantation shutters, stainless steel appliances, gas stove, abundant natural light, gas log fireplace, and large backyard with enough room to add a pool. Updates include roof (2016) and garage door opener. Amenities include community pool.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017