115 RIDGE RD
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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 29, 2017 | Sold | ||
| Sold | |||
| Aug 19, 2017 | Listed by Long & Foster Real Estate, Inc. | $265,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Jul 30, 2017 | Listed | $269,639 | |
| Listed | |||
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Wonderful Cherry Hill home features newer heater, central air and roof. Updated kitchen and baths, nice room sizes and closet space. Off the dining room are sliders that lead to over sized heated sun room. Lower level offers family room, laundry and half bath. 3rd level has the master suite, plenty of closets and master bath. Come see this lovely property and be prepared to call it home! Owners have option to use the Cherry Hill East Schools, FYIThe manager has listed the unit size as 1796 square feet.
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About Ellisburg
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$2,544 /mo
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$2,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017