2861 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 |
|---|---|---|---|
| Jun 8, 2011 | Sold | ||
| Sold | |||
| Jan 17, 2011 | Listed by J C HARPER REALTY | $219,000 | |
| Listed by J C HARPER REALTY | |||
| Apr 13, 2010 | Listed by J C HARPER REALTY | $229,000 | |
| Listed by J C HARPER REALTY | |||
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*** Reduced significantly!!! Sellers very motivated! Not a short sale**Magnificent custom built home by Mark McCumber. Brand new $11,000 roof that was just put on. Approx 3/4 acre estate lot in the Ravines that overlooks a spring fed lake. Many fine features such as; Stunning Stone Fireplace , Kitchen Island, built in Wine Cooler,Game room with Wet Bar, Workshop area in garage, Brand new roof w/ warranty ,and newer Kitchen appliances. Fantastic floor plan and scenery. Agents please look at private remarks. Unbelievable price. Motivated seller.
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| May 1, 2009 | Listed by RE/MAX SPECIALIST | $259,000 | |
| Listed by RE/MAX SPECIALIST | |||
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Beautiful custom built 4 br/2.5 ba, 2700 sf home located on 3/4 acres overlooking spring fed lake on 17th green. Large kitchen w/ new stainless steel appliances and breakfast bar. Family room with corner stone fireplace opens to large deck and gorgeous view. Three car side entry garage. One of a kind home. Former owner golfer Mark McCumber, Golf Champion. This is a must see!
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| Nov 5, 2008 | Listed by RE/MAX SPECIALIST | $259,000 | |
| Listed by RE/MAX SPECIALIST | |||
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Beautiful custom built 4 br/2.5 ba, 2700 sf home located on 3/4 acres overlooking spring fed lake on 17th green. Large kitchen w/ new stainless steel appliances and breakfast bar. Family room with corner stone fireplace opens to large deck and gorgeous view. Three car side entry garage. One of a kind home. Former owner golfer Mark McCumber, Golf Champion. This is a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017