Lot 12 Sunset Ridge
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 |
|---|---|---|---|
| May 5, 2023 | Sold | ||
| Sold | |||
| Apr 19, 2023 | In contract | - | |
| In contract | |||
| Dec 16, 2022 | Relisted | $145,000 | |
| Relisted | |||
| Dec 11, 2022 | No longer available | - | |
| No longer available | |||
| Jun 10, 2022 | Listed by Executive Real Estate, Inc. | $174,900 | |
| Listed by Executive Real Estate, Inc. | |||
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Sunset Ridge Estates is Ludlows Premier Subdivision! Located in an area of luxury homes this 19 lot subdivision is sure to please. If you've been waiting for that special piece of land to build the home of your dreams, your wait is over! This lot has been cleared and has a brand new Artesian well. Bring your builder or use one of ours to help you design and build your Dream Home. Call for plot and details!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017