65 Ravine Drive
About This Property
The designer kitchen, with adjoining butlers pantry,is a true centerpiece, featuring stylish cabinetry, quality appliances,and elegant countertops-perfect for both everyday living and entertaining. The bathroom has been tastefully updated with high-end fixtures and refined details.
The home also boasts an expansive, fully finished basement with porcelain flooring, providing generous additional living space ideal for a recreation room, home office, gym, or guest area. Major updates offer peace of mind, including central air conditioning, new roof,
and a two-year-old gas hot water furnace with durable cast iron baseboard heating. Also features a wonderful sun room with access to front and backyard.
Step outside to enjoy a professionally landscaped and fully fenced backyard, perfect for relaxing, gardening, or entertaining.
It's like a new home combines quality craftsmanship, modern updates, and comfortable living--a truly exceptional ranch you won't want to miss.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017