9 Rangeview Dr
About This Property
Perfectly positioned on a quiet cul-de-sac, this 5-bedroom, 3-bath residence offers an exceptional blend of modern design, thoughtful upgrades, and breathtaking natural surroundings. Flooded with natural light, the brand-new open floor plan creates effortless flow for both everyday living and entertaining. Enjoy sweeping mountain views and unmatched privacy as the home backs to a beautiful creek with no neighbors behind-an incredibly rare setting in Applewood. Extending the full length of the home is a covered deck, creating an ideal indoor-outdoor living experience and the perfect place to relax, entertain, and take in the serene setting year-round.
Every detail has been meticulously updated, with everything in the home brand new, including a new electric panel, furnace, hot water heater, and a new AC unit (a rare luxury for the neighborhood). Additional highlights include a dedicated gym area, expansive living spaces, and one of the best lots in the neighborhood. This is a rare opportunity to own a truly turnkey, high-end remodel in one of Applewood's most sought-after communities-offering privacy, views, and modern comfort in a quiet, coveted location.
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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 |
|---|---|---|---|
| Jan 12, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Listed by Khaya Real Estate LLC | $1,395,000 | |
| Listed by Khaya Real Estate LLC | |||
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Listed by Realty Professionals LLC | $949,000 | |
| Listed by Realty Professionals LLC | |||
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Unlock the potential on 9 Rangeview Drive! Prime Fix & Flip or Build-Your-Dream opportunity in Paramount Heights! This single-owner 4 bed/3 bath brick ranch offers incredible upside for an investor or visionary homebuyer. 3,638 total sq ft (1,819 up + finished walkout basement), a 450 sq ft covered deck with mountain views, and a 0.34-acre lot that backs to a stream are just a few highlights. Property is clean, has solid bones, mature landscaping and is ready for a full cosmetic update to maximize value. Sold comps as high as $1,750,000 with a similar footprint. Check out the photos and come see for yourself!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017