109 Andersen Rd #109
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 8, 2026 | Sold | ||
| Sold | |||
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Listed by Keller Williams Realty | $225,000 | |
| Listed by Keller Williams Realty | |||
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Say hello to easy living at 109 Andersen Rd! This immaculate 2-bedroom, 1-bathroom condo in Ridgewood Village delivers on-floor living at its absolute best. The heart of the home opens up to a private patio right off the kitchen, creating a seamless flow for indoor/outdoor entertaining and summer BBQs. Green thumb? You will love the integrated planting area ready for your seasonal flowers or vegetables. Back inside, the convenience continues with a dedicated in-unit laundry space. Big-ticket updates include a brand-new hot water heater (2025). As a massive bonus, this unit features an oversized garage positioned for quick and easy access. Perfect for first-time buyers, downsizers, or anyone looking for a maintenance-free lifestyle! Location is everything, and this condo puts you exactly where you need to be. Enjoy the best of Ridgewood Village, located moments from Westover Air Reserve Base for a breeze of a commute. You’re perfectly positioned near local shopping and dining.
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| Dec 27, 2022 | Sold | ||
| Sold | |||
| Nov 16, 2022 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/31/2026
|
2 Bed
|
1 Bath
|
854 ft²
|
$225,000
2 Bed
1 Bath
854 ft²
|
$225,000
06/08/2026
|
Tanya Harvey Group
Keller Williams Realty
| |
|
11/08/2022
|
2 Bed
|
1 Bath
|
854 ft²
|
$169,900
2 Bed
1 Bath
854 ft²
|
$187,000
+10.06%
12/27/2022
|
Terry Hooper
Park Square Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017