1 Ridge Pointe Dr #C
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%.
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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 |
|---|---|---|---|
| Feb 16, 2017 | Sold | ||
| Sold | |||
| Sep 21, 2016 | Listed by American Dream Properties of S | $130,000 | |
| Listed by American Dream Properties of S | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/22/2021
|
2 Bed
|
2 Bath
|
1293 ft²
|
$250,000
2 Bed
2 Bath
1293 ft²
|
$270,000
+8.00%
08/27/2021
|
Candy Killian
Coldwell Banker Realty
| |
|
02/16/2019
|
2 Bed
|
2 Bath
|
1181 ft²
|
$149,000
2 Bed
2 Bath
1181 ft²
|
$142,000
-4.70%
05/06/2019
|
Nappy Tranter
KW Reserve
| |
|
09/21/2016
|
2 Bed
|
2 Bath
|
1181 ft²
|
$130,000
2 Bed
2 Bath
1181 ft²
|
$125,000
-3.85%
02/16/2017
|
Matilde Herrera
American Dream Properties of S
|
Building Info
About Ridgepointe Woods Villas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017