577 Ranch Road 1
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 29, 2022 | Sold | ||
| Sold | |||
| Feb 1, 2022 | Listed by KW SYNERGY | $449,000 | |
| Listed by KW SYNERGY | |||
| Jan 17, 2022 | No longer available | - | |
| No longer available | |||
| Oct 12, 2021 | Price Decreased |
$519,000
↓ $30K
(5.5%) | |
| Price Decreased | |||
| Sep 10, 2021 | Listed by CLEAR FORK REALTY, INC. | $549,000 | |
| Listed by CLEAR FORK REALTY, INC. | |||
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Exquisite custom 4 bedroom 2 bath home sits on 3 acres and offers exceptional amenities. It features a large open family room with cathedral ceiling, bookshelves and fireplace; well planned kitchen with island and pantry; separate master suite; and 1200 sq ft of porches to enjoy your view of deer, turkey and birds. The approximately 1/2 acre enclosed back yard is great for entertaining and family and features a 33 ft pool and deck surrounded by bur oaks, live oaks, pecan, and mesquite trees. The property also includes a detached 650 sq ft shop/garage with a 4 car carport. Located in Montana de la Cruz subdivision, the back of this property adjoins the Albany Golf Course. Call today to view this one of a kind property. The manager has listed the unit size as 2210 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017