12 Ledge Way
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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | Listed by Fitzgerald Real Estate | $175,000 | |
| Listed by Fitzgerald Real Estate | |||
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Welcome to the 'Friendship Lodge' on the "Rustic Ridge." Set on a corner lot just over an acre of land. This spacious cottage is open for the 2024 season and ready to enjoy all the way up to and through the fall foliage. Mostly furnished, this charming and beautifully maintained cottage has a rustic feel that is very inviting and ideal for a summer getaway with family and friends. It offers 4 to 5 bedrooms, two baths, updated electricity, and three screened porches that have been carefully protected during the winter months. The large screened porch in the front on the first floor and a smaller one on the second floor, off the bedrooms, are known to be used as sleeping porches, and the one off the kitchen is set up perfectly for dining. This special cottage is surrounded by woods, offering a peaceful and relaxing experience.
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| Oct 7, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017