11 Ridge Road
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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Feb 6, 2024 | Listed by Exp Realty | $950,000 | |
| Listed by Exp Realty | |||
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Charming center colonial located in the historic Park Hill section. This beautiful house offers a perfect blend of classic design as well as modern amenities. Upon pulling up to the property, you'll be greeted by a long driveway featuring a two-car garage. Step into the backyard and prepare to be amazed. The three-layered outdoor space is simply breathtaking. The first level boasts a well-manicured lawn area ideal for gatherings. Just beyond that, you'll find a lovely patio, perfect for arranging your favorite outdoor furniture while enjoying the sun. And if you're a grill master, you'll love the dedicated grill area complete with a sink. Upon entering the house, you'll discover an abundance of features that will make you feel right at home. Crown molding that adds an elegant touch throughout, an all-season room leads out to a balcony where you can unwind .The main floor offers both functionality and style. An office space, living room featuring wood-burning fireplace, kitchen complete with a four-seater island. & for formal occasions, a separate dining room awaits. Upstairs on the second floor, you'll find 3 bedrooms. The main bathroom boasts a luxurious Jacuzzi tub. The primary bedroom is truly an oasis, complete with its own en-suite bathroom featuring a soaker tub and shower. Plus 2 large closets. Need more space? Head up to the finished attic area, which offers a versatile open space perfect for a playroom, den, or home office. But wait, there's more! The basement has been fully finished to provide additional living space. You'll find a gym area, access to the laundry area, garage, an extra bedroom, a cozy sitting area, and convenient kitchenette. This adds an incredible 800 square feet of additional living space to the already impressive size of this home.11 Ridge Road is not just a house; it's a place filled with love.
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| Dec 20, 2013 | Sold | ||
| Sold | |||
| Sep 30, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017