2860 RAVINES Road
About This Property
The bedrooms are thoughtfully laid out in a 3-way split, making it easy for everyone to have their own space. Storage won't be a problem either, w/ walk-in closets, linen closets, a large laundry room, & a 2-car garage.
Step outside & enjoy the peaceful nature views, take a dip in the pool, cookout under the covered patio, or shoot some hoops in the backyard. It's the kind of outdoor space that makes you want to spend all day outside.
Recent updates: 80-gallon solar water heater & solar panels installed in 2022, windows, pool liner replaced 2023, 2 HVAC systems replaced 2026 and 2023. Septic pumped 2024. Save on those electric bills with the solar panels that will be paid in full at closing. This gated community is unique for our area with rolling hills and mature trees that canopy and provide lots of shade and refuge for the wildlife, such as deer and turkey.
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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 6, 2026 | Price Decreased |
$575,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jan 18, 2026 | Price Increased |
$585,000
↑ $10K
(1.7%) | |
| Price Increased | |||
| Nov 25, 2025 | Price Decreased |
$575,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Nov 7, 2025 | Price Decreased |
$585,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Oct 9, 2025 | Listed by WATSON REALTY CORP | $600,000 | |
| Listed by WATSON REALTY CORP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017