11 The Ridges
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 |
|---|---|---|---|
| Oct 26, 2023 | Sold | ||
| Sold | |||
| Jul 12, 2023 | In contract | - | |
| In contract | |||
| Jul 7, 2023 | Listed by Compass Greater NY LLC | $3,400,000 | |
| Listed by Compass Greater NY LLC | |||
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Step into a world of timeless elegance, of this all brick center hall colonial. Experience the opulence of this two story entry foyer. Featuring 5 bedrooms, 4.5 baths, home office, butlers pantry, gourmet EIK with center island flows into Family room w/fpl. Enjoy the full finished lower level with gym, guest suite bedroom and full bath and outside entry. House has full generator. The manicured flat backyard is private w/ outdoor kitchen. Beautiful mill-work throughout. Manhasset SD#6. Plandome Field and Marine Club available with assoc. fees, tennis rights and so much more!
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| Aug 19, 2020 | Sold | ||
| Sold | |||
| Jul 1, 2009 | Sold | ||
| Sold | |||
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About Manhasset
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017