1202 Ridgeley Drive
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Listed by Martha Turner Sotheby's International Realty | $1,380,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Beautifully imagined and thoughtfully renovated 1955 Mid-Century Modern in Hilshire Village. The home underwent a transformation in 2016-2017. Nestled amongst gorgeous old Oaks, this corner home has an endless amount of charm and character. Completely re-wired, re-plumbed, RAM windows throughout, gorgeous wood floors and gracious room sizes. Poggenpohl kitchen cabinetry, Miele range and over, Sub-Zero refrigerator and Bosch dishwasher with appliance garage and coffee closet with abundant storage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017