613 Ranchview Dr
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 4, 2020 | In contract | - | |
| In contract | |||
| Aug 29, 2020 | Listed | $439,000 | |
| Listed | |||
| | |||
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Ranchers Estate – Johnson City 3BD/2BA approx. 2060 SF updated home on 1.55 acres. Granite counters in kitchen and bathrooms, fenced garden area, shop, storage building and office along with large Oak trees. City of Johnson City water & sewer. No active HOA or annual HOA fees, see documents for copy of restrictions. Dining & Shopping near by in Johnson City, centrally located less than 1 hour to Marble Falls, Fredericksburg & Austin. The manager has listed the unit size as 2060 square feet.
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| Jul 30, 2020 | Sold | ||
| Sold | |||
| Jun 1, 2020 | Listed by Topper Real Estate | $82,500 | |
| Listed by Topper Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017