57620 Ramsey
About This Property
The property features an existing home that does require a little TLC, the property is also equipped with a private well and septic system. In addition, there is a second structure on the property that is currently in shell condition. Buyer can check with city for any permitted uses. Located just minutes from local, gas stations, restaurants and diners hardware stores, and other everyday conveniences.
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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 |
|---|---|---|---|
| Aug 12, 2026 | Listed by Realty ONE Group United | $350,000 | |
| Listed by Realty ONE Group United | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017