38 Ravine 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 |
|---|---|---|---|
| Apr 1, 2016 | Sold | ||
| Sold | |||
| Jan 11, 2016 | Listed by RE/MAX Leading Edge | $649,000 | |
| Listed by RE/MAX Leading Edge | |||
| May 15, 2000 | Sold | ||
| Sold | |||
| Apr 8, 2000 | Listed by Brad Hutchinson Real Estate | $259,900 | |
| Listed by Brad Hutchinson Real Estate | |||
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C.E. COL. SET ON NICE LEVEL LOT OF SIMILIAR HOMES. FRONT TO BACK LR. HICE HW FLOORS, DR HAS CROWN MOLDINGS, CHAIR RAILS AND CC. MASTER BR HAS HIS & HERS CLOSETS, ROOF 99, NEWER HEAT, PIECE OF LAND IN STONEHAM, CALL LR FOR DETAILS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017