8804 Ravello PASS
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 |
|---|---|---|---|
| Jun 18, 2025 | Price Decreased |
$529,900
↓ $15K
(2.8%) | |
| Price Decreased | |||
| Jun 4, 2025 | Price Decreased |
$544,900
↓ $15K
(2.7%) | |
| Price Decreased | |||
| May 22, 2025 | Listed by Keeping It Realty | $559,900 | |
| Listed by Keeping It Realty | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Listed by Julia Stielow RE Broker | $435,000 | |
| Listed by Julia Stielow RE Broker | |||
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This is an amazing opportunity to purchase a Maple Run home at a highly discounted price so as to afford a complete remodel. This home is waiting for its HGTV transformation. Much loved by its original owner, however a little neglected this home has great bones as you will see in the inspection report we will gladly provide. A spacious 4 Bedroom floor plan affording its new owner the opportunity to truly design an amazing reveal while building equity.
Ravello Pass is located in the beautiful Maple Run neighborhood marked by mature trees and folks walking the neighborhood. Just a few minutes away from the Arbor Shopping center and Sunset Valley Shopping center. and a straight shot downtown.
This home is located close to three wonderful parks for hiking biking and swimming. Dick Nichols District Park hosts a community pool, hike and bike trails and a sand volleyball court. There are also ample shopping and dining options just minutes away on nearby Brodie Lane and William Cannon Drive.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017