562 Tag Lane
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 |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | Listed by DeCew Realty | $745,000 | |
| Listed by DeCew Realty | |||
| | |||
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Welcome home! Imagine living in downtown Ramona with convenient access to everything. This property is located on a cul-de-sac and has room for RV parking in the front plus additional guest parking in the driveway, as well as a spacious, grassy back yard. Inside you will appreciate all of the modern upgrades from the easy care flooring to the updated kitchen and bathrooms. The open floor plan takes full advantage of the natural light. The living room features a propane fireplace. Plenty of storage throughout and don't miss the massive closet under the staircase. The master suite boasts a walk-in closet. Indulge in relaxing showers with the multiple rain shower fixtures. Enjoy the benefits and savings with rooftop solar. Since this is located in the city, the property is connected to sewer. Make an appointment to experience this wonderful opportunity in person. Welcome home! Imagine living in downtown Ramona with convenient access to everything. This property is located on a cul-de-sac and has room for RV parking in the front plus additional guest parking in the driveway, as well as a spacious, grassy back yard. Inside you will appreciate all of the modern upgrades from the easy care flooring to the updated kitchen and bathrooms. The open floor plan takes full advantage of the natural light. The living room features a propane fireplace. Plenty of storage throughout and don't miss the massive closet under the staircase. The master suite boasts a walk-in closet. Indulge in relaxing showers with the multiple rain shower fixtures. Enjoy the benefits and savings with rooftop solar. Since this is located in the city, the property is connected to sewer. Make an appointment to experience this wonderful opportunity in person.
| |||
| Jun 18, 2022 | No longer available | - | |
| No longer available | |||
| May 20, 2022 | In contract | - | |
| In contract | |||
| May 4, 2022 | Relisted | $699,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017