1007 Ridge Road
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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 |
|---|---|---|---|
| Jun 6, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | Listed by Charles Rutenberg Realty of IL | $298,900 | |
| Listed by Charles Rutenberg Realty of IL | |||
| | |||
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Country West Subdivision tri-level with sub-basement, fenced in yard with patio, 3 bedrooms, 2 full baths. Main level with open concept; large living room with newer bay window, kitchen and island with storage. Second level includes master bedroom with hardwood flooring and large shared full bath and 2 additional bedrooms. Both baths have ceramic flooring. Lower level has a spacious family room, mud room and full bath. Sub-basement partially finished sub-basement can be used for an extra bedroom.
| |||
| May 15, 2018 | Sold | ||
| Sold | |||
| Apr 1, 2018 | Listed by RE/MAX Ultimate Professionals | $179,900 | |
| Listed by RE/MAX Ultimate Professionals | |||
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About Shorewood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017