109 Ridgecrest Loop
About This Property
The manager has listed the unit size as 2318 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 3, 2024 | No longer available | - | |
| No longer available | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
| Jan 19, 2024 | Price Decreased |
$305,000
↓ $25K
(7.6%) | |
| Price Decreased | |||
| Oct 15, 2023 | Price Decreased |
$329,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Sep 29, 2023 | Listed | $339,900 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017