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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 |
|---|---|---|---|
| Dec 4, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $419,900 | |
| Listed | |||
| | |||
|
2+ Acres For 2 Legs, 4 Legs Or 4 Wheels To Run! Room For Mom Or Business + Barn W/2Stalls, Water, Electric, Hay Shed & Arena. Country Charmer Residence W/Hw Fls, Wb Fireplace, Kitchen W/Granite Countertops, Sunken Den W/Ose & Skylight. Updated Oil Heat. Ductless Cac. Solar Panels Cover All Electric Costs Except For Dec/Jan. Taxes $8,586.01 & $7417 W/* Wow!! The manager has listed the unit size as 2000 square feet.
| |||
| May 23, 2017 | Listed by Coldwell Banker Distinctive | $419,900 | |
| Listed by Coldwell Banker Distinctive | |||
| Aug 24, 2005 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Ridge
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$2,780 /mo
- 2 Beds
- 1 Bath
- 897 ft²
Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017