2823 Ravines Road
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 |
|---|---|---|---|
| Aug 10, 2023 | Sold | ||
| Sold | |||
| Jul 12, 2023 | Listed by HERRON REAL ESTATE LLC | $725,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
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Welcome to 2823 Ravines Road! This stunning all-brick, pool home is situated on a large estate lot within a beautiful gated community. The home features 5 bedrooms, 4.5 bathrooms, an office, formal dining and living space, with over 3,800 square feet of living space. The chef's delight gourmet kitchen is complete with corian countertops, an island, gas stove, and plenty of cabinet space. The large family room includes custom built-ins and a fireplace, while the formal dining and living rooms, wood floors, tray ceilings, and crown molding throughout add to the home's luxurious feel. This home is perfect for entertaining!
Additional upgrades include a private screened-in solar heated pool with waterfall and spa that provide plenty of fun in the sun, mature landscaping, ample storage space, an outdoor pool shower, while a brand new summer kitchen allows you to entertain in style. A list of updates is listed in Documents.
In addition to the two car garage is a golf cart garage that is already plumbed for an additional full bathroom and perfect for storing all your outdoor toys. Don't miss your chance to make 2823 Ravines Road your next home!
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| Aug 21, 2014 | Sold | ||
| Sold | |||
| Jun 20, 2014 | Listed by WATSON REALTY CORP | $374,900 | |
| Listed by WATSON REALTY CORP | |||
| Jun 8, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017