600 Ray Street
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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
| Mar 16, 2024 | Listed by Agape and Associates LLC | $224,000 | |
| Listed by Agape and Associates LLC | |||
| | |||
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This delightful home offers comfort, style, & a prime location. Stepping inside, you are greeted by a warm & inviting atmosphere. The spacious living area features abundant natural light, creating a bright & airy ambiance. The open floor plan seamlessly connects the living room to the dining area, allowing for effortless entertaining and family gatherings. The well-appointed kitchen boasts modern appliances, ample cabinet space, & a convenient layout that makes meal preparation a joy. The primary bedroom is generously sized & the remaining bedrooms are versatile & can be utilized as guest rooms, home offices, or hobby spaces, according to your needs. Conveniently located in Bowie, Texas, this property is within close proximity to local amenities, schools, & parks. The charming downtown area, with its boutique shops and dining options, is just a short distance away, offering a convenient and vibrant lifestyle. ICF construction, so extremely energy efficient which is a luxury in itself.
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| Aug 17, 2023 | Listed by Agape and Associates LLC | $224,000 | |
| Listed by Agape and Associates LLC | |||
| Aug 15, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017