11979 Ridge Road
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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 |
|---|---|---|---|
| May 27, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | Listed by Coldwell Banker Apex, REALTORS | $374,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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AMAZING VIEWS! Your opportunity to own +- 3.34 beautiful acres, situated on a ridge, with a pond! This original owner home features a large family room with cathedral ceiling, fireplace and built-ins! Huge formal dining room with built-in corner hutches! Nice galley kitchen with built-in appliances! Bay window in breakfast room with views to the beautiful scenery out back! Large master bedroom with en suite bath! One bedroom is split and could be used for an office! 31 x 20 screened in rear porch offers a peaceful place to relax and enjoy the breeze! Two storage sheds. Roof replaced January 2021! Home will attend the brand new Griffin Elementary, Rhodes Intermediate and Jackson Middle schools in 2021-22!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017