61 Ramshorn Rd-Option 2
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 |
|---|---|---|---|
| Jul 22, 2022 | Sold | ||
| Sold | |||
| Jan 11, 2021 | Listed by Lamacchia Realty, Inc. | $529,900 | |
| Listed by Lamacchia Realty, Inc. | |||
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Meticulous builder includes many upgraded features in his product that I represent with pride. This is an incredible opportunity to design your next home with a true craftsman! A sprawling ranch with a finished walk-out basement is proposed on this property. High efficiency heating and cooling, combined with quality construction and upgraded features that would be a surprising upcharge with lower priced homes. Level lot is framed by trees & ready to start building your home. The well is drilled & the septic design is approved for a 4 BR home. We can quote customized plans if you act quickly. Proposed 6x20 front porch & vinyl deck is 10x12. Generous allowances, Luxury vinyl plank flooring. Easy, quiet back road access to all schools, shopping/highways. R-38 foam insulation in attic, r-21 in walls, plus spray foam insulation around windows & doors. If you like the lot, let's review the details because you'll be surprised what's already included in this package!
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| Jul 16, 2007 | Sold | ||
| Sold | |||
| Feb 2, 2006 | Listed by Emerson REALTORS® | $369,900 | |
| Listed by Emerson REALTORS® | |||
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BUILDER SAYS MAKE REASONABLE OFFER!!PRICE REDUCED $120K, 2600+ S.F. COL.W/2 PALLADIUM WINDOWS,4 LARGE BEDRMS, 3CAR ATT GAR, CIRCULAR DRIVE, HUGE MBR SUITE W/MEDIA AREA, 2 W.I.C.'S & SPA TUB,PLUS SHOWER, LIV.RM/FAM RM W/GAS F.P., HUGE KIT W/HDWDS & LOTS OF CABINETS, 1ST FLOOR LAUNDRY, LOVELY TURNED STAIRCASE W/HDWDS IN FOYER, DIN RM, & KIT. FARMERS PORCH, CENTRAL AIR, C.T. BATHS, 11 X 16 DECK, QUIET 1.37A COUNTRY LOT, IN AREA OF NEW HOMES, HOUSE READY, MOTIVATED SELLER,BRING OFFERS!!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017