7771 Ramona St
About This Property
Brand-new kitchen with stone countertops, new cabinetry, black farmhouse sink and matte black fixtures. So MUCH space!
Both bathrooms updated. Fresh paint inside and out, new ceiling fans, new door hardware. Roof replaced 2022 (permitted, shingle and flat).
OWNED 17.4 kW solar system with 43 panels and Enphase microinverters, permitted 2022, no lease and no payment. Buyer gets the panels and the savings. Private in-ground pool with paver patio, freshly serviced. Central A/C is very cold and running like new.
Detached storage shed. New fascia. Zoned RS5. Minutes to I-75, the Turnpike, Hard Rock Stadium and the beach.
Fairway Elementary, New Renaissance Middle, Miramar High. Move-in ready.
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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%.
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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 |
|---|---|---|---|
| Nov 1, 2026 | Price Decreased |
$599,999
↓ $39K
(6.1%) | |
| Price Decreased | |||
| Sep 30, 2026 | Listed by Charles Rutenberg Realty FTL | $639,000 | |
| Listed by Charles Rutenberg Realty FTL | |||
| Jun 7, 2006 | Sold | ||
| Sold | |||
| Apr 13, 2006 | Listed by Charles Rutenberg Realty FTL | $313,000 | |
| Listed by Charles Rutenberg Realty FTL | |||
| May 1, 1992 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017