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851 Ravine Road
About This Property
This home features quartz countertops throughout, complementing the
spacious open floorplan that's ideal for entertaining. The gas fireplace in
the living area adds warmth and charm, creating the perfect setting for
gatherings. A versatile bonus room offers endless possibilities for a home
office, playroom, or gym. Enjoy outdoor living on the deck, ideal for relaxing
or hosting guests. Don't miss out on this beautiful home-schedule your
showing today!
Listed By
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Cap Rate Calculator
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 30, 2025 | Price Decreased |
$599,926
↓ $19K
(3.1%) | |
Price Decreased | |||
Jan 15, 2025 | Price Decreased |
$619,000
↓ $31K
(4.8%) | |
Price Decreased | |||
Dec 3, 2024 | Listed by Miranda Real Estate Group, Inc | $650,123 | |
Listed by Miranda Real Estate Group, Inc |
Property Highlights
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Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
