1135 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 |
|---|---|---|---|
| Jan 14, 2026 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Oct 19, 2025 | Listed by Keller Williams Upstate NY Properties | $360,000 | |
| Listed by Keller Williams Upstate NY Properties | |||
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This fully renovated Dutch Colonial style home, located in the Delhi School District and set on 21.81 acres of rolling Western Catskills terrain offers an appealing blend of modern updates with pristine natural surroundings. The home is set down a pleasant gravel driveway, and then the broad lawn area opens up into view, showcasing the home's entry deck and upstairs balcony with southerly exposure, an expansive area for lawn games, and a charming spring-fed pond. Trails extend throughout the parcel, making this ideal for a number of recreational pursuits, and the stone wall boundaries add the the charm. Inside, a complete interior makeover brings the space to life with updated flooring, paint colors, and bright and efficient lighting fixtures. The entry room is a great place for a home office, large storage/mudroom, studio, or multi-use space. The main living room is open to the dining area and kitchen with stainless steel appliances and plenty of counter and cabinet space. A hallway contains the laundry nook and a first floor powder room, and a secondary social space is a great option for a tv room, gaming/play area, or library. Upstairs, a large central full bathroom is flanked by 2 good sized bedroom, and the primary bedroom with access to the balcony which overlooks the lawn and pond. This home should have broad appeal to those looking for a primary home set in the country yet close to local towns such as Delhi, Walton and Franklin - or could make for an ideal getaway home or investment opportunity, given its proximity to all the social and cultural options in the western Catskills area, and being under 2.5 hours drive from metro NY.
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| Sep 3, 2025 | Price Decreased |
$360,000
↓ $29K
(7.5%) | |
| Price Decreased | |||
| Aug 11, 2025 | Price Decreased |
$389,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017