5505 Old Ranch Road #7
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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2024 | Listed by Real Broker | $675,000 | |
| Listed by Real Broker | |||
| Dec 12, 2012 | Sold | ||
| Sold | |||
| Nov 5, 2012 | Listed by Pacific Equity Real Estate | $279,900 | |
| Listed by Pacific Equity Real Estate | |||
| |||
|
STANDARD EQUITY SALE - Move-in Condition. End unit, light, bright and airy with 9' ceilings. Granite counters, appliances are less than 2 years old, plantation shutters, tile floors, raised panel doors. Hot water recirculation pump for fast hot water. Enclosed front patio. Beautiful community with pool, spa and playground. Complex Features: ,,, Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/25/2024
|
3 Bed
|
3 Bath
|
1405 ft²
|
$675,000
3 Bed
3 Bath
1405 ft²
|
$675,000
02/07/2025
|
Megan Nichols
Real Broker
| |
|
02/07/2013
|
3 Bed
|
2 Bath
|
1365 ft²
|
$299,000
3 Bed
2 Bath
1365 ft²
|
$299,000
04/08/2013
|
Bill Sereda
San Diego Home Sales
| |
|
11/05/2012
|
3 Bed
|
2 Bath
|
1405 ft²
|
$279,900
3 Bed
2 Bath
1405 ft²
|
$280,000
+0.04%
12/12/2012
|
Scott Craig
Pacific Equity Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017