120 Ridgeway 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 |
|---|---|---|---|
| Aug 6, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $1,325,000 | |
| Listed | |||
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Built in 1936 as a summer cottage, this home offers elegance and charm rarely found today. Ideally located on .54 acres of professionally landscaped yard abutting beautiful walking trails and meadows. The enchanting Craftsman-style foyer leads to a step down living room and delightful dining room. The living room features leaded windows, wood burning fireplace and gorgeous French doors with access to the stone patio. The large, sun drenched family room offers walls of windows and picturesque views of the patio and back yard. The private library evokes a warm and comfortable feeling with custom built-ins and a wood fireplace. A spacious updated kitchen with adjacent eating area also provides abundant light and access to the stone patio. The second floor features a master suite with adjoining sun room/study and three additional spacious bedrooms and two more full baths. This home is in a fabulous location, close to the Wellesley line with easy access to the Mass Pike and Route 128. The manager has listed the unit size as 4472 square feet.
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| Apr 25, 2018 | Sold | ||
| Sold | |||
| Feb 12, 2018 | Listed by Engel & Volkers Wellesley | $1,325,000 | |
| Listed by Engel & Volkers Wellesley | |||
| Jul 30, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017