5689 Las Ramblas Avenue
About This Property
The Oregon is a beautifully designed three-bedroom home featuring a spacious open-concept layout. The large living room flows seamlessly into the kitchen and dining areas, highlighted by soaring ceilings that enhance the sense of space and light.
The kitchen is designed with an island, granite countertops, tile backsplash, stainless steel appliance package, a range hood, gas cooktop, dishwasher, wall oven, microwave, and pantry, and rich wood cabinetry with crown molding and hardware.
The primary suite features a large walk-in closet and an in-suite bathroom with a large walk-in shower, double vanities, and hardwood cabinetry.
Ceramic tile flooring, with carpet in the bedrooms
Photos and 3D tour are of a proposed plan and not the actual home -some photos are digitally staged
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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 1, 2026 | Price Increased |
$291,450
↑ $5K
(1.8%) | |
| Price Increased | |||
| Jun 22, 2026 | Listed by Better Homes and Gardens Real Estate Elevate | $286,450 | |
| Listed by Better Homes and Gardens Real Estate Elevate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017