6
Map
109 Ridgemont Circle SE
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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Price Decreased |
$519,900
↓ $20K
(3.7%) | |
| Price Decreased | |||
| Mar 15, 2024 | Listed by CENTURY 21 Circle | $540,000 | |
| Listed by CENTURY 21 Circle | |||
| |||
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Fantastic Pool home in a great Bayside Lakes neighborhood. 10 foot ceilings and a great floor plan gives a roomy feel. The 4th Bedroom/Office does not have a closet but gives you the flexibility you need. Relax by the pool while overlooking the lake. You'll feel like it's a private resort. If the weather gets bad, press a button and roll down the porch shutters. If it gets real bad, you can close the accordion shutters on all the windows and front door. The roof is 3 years old, the A/C is 2 years old. The inside was remodeled a few years ago as well. Check the list of work that has been completed in the documents.
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| Jan 2, 2020 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017