115 North Ridge Rd
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 |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Lamacchia Realty, Inc. | $1,125,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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First time in 40 years this location has become available on Great Neck! This home epitomizes scenic living! A coastal ranch-style home with gorgeous water views and a simply serene backyard. Venture onto the expansive deck, where you'll find the perfect spot to soak up the sun or host a summer barbecue, this outdoor haven offers endless possibilities for relaxation and enjoyment. Inside boasts 3 bedrooms, a large living room, bar area, and eat in kitchen. Wall to wall carpet can be pulled up to reveal hardwood floors! Just a stones throw from the Yacht Club and minutes from both private Clark Beach and public Pavilion Beach! Wonderful area for kayaking and boating. Don’t miss out on your chance to live on Great Neck!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017