2888 Ragland 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 30, 2024 | No longer available | - | |
| No longer available | |||
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Feb 26, 2024 | Listed by RE/MAX Associates of Arlington | $725,000 | |
| Listed by RE/MAX Associates of Arlington | |||
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Enjoy country living in the city! Over an acre of land & conveniently located in center of Mansfield. Close to shopping, restaurants, parks and easy access to major highways. House has numerous upgrades including new windows & roof in 2019, full kitchen and bath remodel, wood floors and beautiful plantation shutters. The open floorplan is ideal for family gatherings or entertaining and the kitchen is a cook's dream. The living room focal point is the stone fireplace and custom shiplap ceiling. Outside you will fall in love with the large covered patio overlooking the Koi pond, pool and stunningly landscaped backyard. Escape the heat of the summer in the sparkling pool. Gated driveway provides ample parking for all your vehicles. The 30 X 40 workshop is insulated & air conditioned with 2 large-drive thru doors and is on a seperate electric meter. 2 addtional buildings allow for storage of pool equipment & supplies. This property is well maintained and move in ready! The manager has listed the unit size as 2166 square feet.
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| Feb 3, 2024 | Listed by RE/MAX Associates of Mansfield | $725,000 | |
| Listed by RE/MAX Associates of Mansfield | |||
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About Mansfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017