5527 Old Ranch #44
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 |
|---|---|---|---|
| Sep 9, 2019 | Sold | ||
| Sold | |||
| Jul 16, 2019 | Listed by First Team Real Estate | $429,900 | |
| Listed by First Team Real Estate | |||
| | |||
|
BOM.. No fault of property. Considering offers between $419,900-$429,900. Priced below comps. Needs carpet and paint/Priced accordingly. 3BD/2BA home with a 2 car attached garage in the beautiful Casitas at Spring Creek. This is a highly desirable condominium complex near the Jeffries Ranch area with lush landscaping, community pool/spa, park, and BBQ areas. Has neutral tile floors downstairs, a granite kitchen, stainless appliances, a large walk in pantry, and a private patio area off the living room. Great unit, shows well! All bedrooms are upstairs. Master has a large balcony perfect for morning coffee. Laundry is conveniently located off the hallway upstairs. This is a beautiful condo in a great location!. Neighborhoods: Oceanside Complex Features: ,,, Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Mar 11, 2016 | Sold | ||
| Sold | |||
| Jan 14, 2016 | Listed by Allison James Estates & Homes | $354,000 | |
| Listed by Allison James Estates & Homes | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/16/2019
|
3 Bed
|
2 Bath
|
1365 ft²
|
$429,900
3 Bed
2 Bath
1365 ft²
|
$438,000
+1.88%
09/09/2019
|
Shannon Gallucci
First Team Real Estate
| |
|
01/14/2016
|
3 Bed
|
2 Bath
|
1365 ft²
|
$354,000
3 Bed
2 Bath
1365 ft²
|
$350,000
-1.13%
03/11/2016
|
Kim Gurreri
Allison James Estates & Homes
| |
|
06/25/2014
|
3 Bed
|
2 Bath
|
1405 ft²
|
$349,000
3 Bed
2 Bath
1405 ft²
|
$340,000
-2.58%
08/12/2014
|
Stephanie Walker
Redfin Corporation
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017