4727 RAMSGATE LN
About This Property
Welcome to this charming colonial 2-story home nestled on a corner lot, offering homeowners the advantage of a larger home and expansive backyard compared to others in the area. While some touch-ups may be desired, this home is move-in ready with recent updates including new fencing in 2020, a concrete patio, tankless water heater, recessed lighting, and an upgraded electrical panel in 2021, along with refreshed full bathrooms on the top level in 2022. Upon entry, you're greeted by a foyer leading to a choice between the formal living room and dining room, each offering their own unique charm. The kitchen boasts additional space for a cozy breakfast nook and seamless access to the backyard, perfect for entertaining. A convenient half bathroom for guests completes the main level. Upstairs, discover four well-appointed bedrooms and two full bathrooms, ensuring easy accessibility and comfort for the whole family. Don't miss out on the opportunity to make this your family's forever home. Schedule a viewing today!
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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 |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by Keller Williams Capital Properties | $495,000 | |
| Listed by Keller Williams Capital Properties | |||
| May 27, 2019 | No longer available | - | |
| No longer available | |||
| Apr 1, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017