5331 RAVENSWORTH ROAD
About This Property
Luxury vinyl plank flooring flows beautifully throughout the home. The living room is spacious with plenty of natural light streaming through. Prepare to be captivated by the centerpiece of the home-a stunning two-sided fireplace. This fireplace serves as a focal point, seamlessly dividing the space while providing a cozy ambiance on both sides. The kitchen is thoughtfully designed and boasts stainless steel appliances and updated countertops. From everyday cooking to hosting memorable gatherings, this well-appointed kitchen caters to your every need.
However, the true hidden gem of this exceptional home is the enchanting sunroom. Nestled away, this sanctuary offers a serene space where you can immerse yourself in the beauty of nature. Whether you choose to unwind with a good book, indulge in moments of reflection, or simply bask in the sunlight, the sunroom provides a tranquil oasis that seamlessly blends indoor and outdoor living.
Look no further; you are home!
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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 |
|---|---|---|---|
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Nov 20, 2023 | In contract | - | |
| In contract | |||
| Nov 17, 2023 | Listed by EXP Realty, LLC | $525,000 | |
| Listed by EXP Realty, LLC | |||
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About North Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017