1203 Ridgewood DR
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 |
|---|---|---|---|
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Price Decreased |
$360,000
↓ $8K
(2.2%) | |
| Price Decreased | |||
| May 21, 2024 | Price Decreased |
$368,000
↓ $7K
(1.9%) | |
| Price Decreased | |||
| May 3, 2024 | Listed by Compass RE Texas, LLC | $375,000 | |
| Listed by Compass RE Texas, LLC | |||
| Sep 2, 2017 | Listed | $199,900 | |
| Listed | |||
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******Multiple Offers Received, Highest & Best by Monday 8/14 @ 5pm******Great home for 1st time home buyer. This home features an open living, dinning and kitchen area. MIL plan with large master, separate shower & garden tub. New cedar 6' privacy fence installed July 17. Brand new tile & paint in July 2017 & new carpet installed 8/1/17. This house is move in condition. The manager has listed the unit size as 1358 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017