112 Ridgepoint Ct
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 |
|---|---|---|---|
| Aug 4, 2026 | Sold | ||
| Sold | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by RE/MAX Accord | $898,888 | |
| Listed by RE/MAX Accord | |||
| Jun 2, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | Listed by RE/MAX Accord | $618,000 | |
| Listed by RE/MAX Accord | |||
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Located in a highly desirable area, this home presents an excellent opportunity to add value. With mostly cosmetic updates needed, it’s perfect for buyers looking to customize to their taste or investors seeking their next project. Great bones and unbeatable location make this a must-see.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017