4512 Ramsey Ave
About This Property
Quality craftsmanship is evident in every detail, including solid core doors, a tankless water heater, and designer finishes that elevate the home's character and livability. The main residence offers 4 spacious bedrooms, 3 full baths, and a versatile game room, with generously sized closets in every bedroom-a rare and highly desirable feature. Bonus Cowboy pool/spa and turf for easy maintenance. Recent A/C and water heater. This home is ready for new owner.
The detached garage apartment provides additional flexibility with a full bedroom and bathroom, ideal for guests, extended family, or income-producing potential.
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Cap Rate Calculator
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 4, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Price Decreased |
$1,499,000
↓ $51K
(3.3%) | |
| Price Decreased | |||
| May 16, 2026 | Price Decreased |
$1,550,000
↓ $49K
(3.1%) | |
| Price Decreased | |||
| Apr 20, 2026 | Listed by Compass RE Texas, LLC | $1,599,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017