5505 Ranger Drive
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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 |
|---|---|---|---|
| Apr 15, 2021 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Listed by Greater Mansfield REALTORS | $695,000 | |
| Listed by Greater Mansfield REALTORS | |||
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Immaculate 1 Owner Property in Chandlers Landing. gated community with 24 hour security on Lake Ray Hubbard. This community has a Restaurant, Yacht Club, Marina, 2 community pools, 8 tennis courts. The Property itself has hardwood floors, granite and marble counters throughout. Kitchen Features Include, Sub Zero fridge, Thermador dishwasher and Viking OvenRange. Open Concept 20 ft Ceiling with connectivity to the outdoor living area. The pool has waterfall and bubbler features with sunning deck area, NG fire features on each side, Hot tub cased in ledge stone and a cook center with grill, fridge and more granite. The Master Retreat is something from Ritz. Can you say Steam Shower. 4th Suite Bedroom Upstairs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017