877 NW 87th Ave
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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 |
|---|---|---|---|
| Apr 9, 2025 | Relisted | $580,000 | |
| Relisted | |||
| Mar 3, 2025 | No longer available | - | |
| No longer available | |||
| Jan 23, 2025 | Listed | $630,000 | |
| Listed | |||
| | |||
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Welcome to this stunning three-bedroom, two-bath home in the sought-after Ramblewood South community! This residence features an updated kitchen w/stainless steel appliances, ample countertops, & a large family room with vaulted ceilings. The primary suite boasts a walk-in closet & updated bathroom, while the sizable secondary bedrooms include a beautifully renovated bath. The oversized lot offers a private backyard oasis w/a screened-in patio featuring a built-in bar, an expansive deck around the saltwater pool, hot tub & plenty of yard space. Additional highlights include impact windows, doors, garage door, and skylights, electrical panel (2022), a 2020 AC, 2023 refrigerator & garbage disposal. No HOA! Conveniently located near shopping, dining, & entertainment. Your dream home awaits!
| |||
| Jul 3, 2023 | Sold | ||
| Sold | |||
| May 17, 2023 | Listed by Parkland Luxury Homes | $580,000 | |
| Listed by Parkland Luxury Homes | |||
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About Ramblewood South
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$2,995 /mo
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017