6502 Ray Road
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 |
|---|---|---|---|
| Aug 13, 2021 | Sold | ||
| Sold | |||
| May 22, 2021 | Listed by Morton Signature Properties | $445,000 | |
| Listed by Morton Signature Properties | |||
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Lovely home nestled in Beautiful Turtle Creek Subdivision and Deer Park School District. Huge primary bedroom with extra sitting area, private patio, walk in closet, separate walk-in shower and garden tub. Kitchen open to Living Area with a very long breakfast bar, walk-in pantry and lower cabinet shelves that slide out. Living room has high ceilings and gas log fireplace with auto ignitor. Formal Dining Area and additional bedroom or study downstairs with full bath. Garage has a Porte-Cochere and is large enough for a shop with second level for storage. Additional bedrooms upstairs, 2 full baths and a gameroom. Abundant amount of storage in this home. Backyard has a wonderfully heated pool. What more can you ask for? Great Price and fabulous home!
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Property Highlights
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Price/ft²
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About Pasadena
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017