51 Ray Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | Listed by Coldwell Banker Realty - Sharon | $484,900 | |
| Listed by Coldwell Banker Realty - Sharon | |||
| | |||
|
LOCATION, LOCATION, LOCATION!! This one owner home is in move-in condition. Quiet, tree-lined neighborhood. Beautifully landscaped corner lot. This home has had lots of updates over the years, including Harvey windows, roof, Carrier furnace, air conditioning, new electrical, water heater and whole house generator. Hardwood flooring under wall to wall carpeting on first level. Easy to show with some notice please.
| |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017