1205 Ridgewood Road
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 28, 2024 | Sold | ||
| Sold | |||
| Jun 2, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Price Decreased |
$269,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Apr 20, 2024 | Listed by Frontier Properties Real Estate, LLC | $274,900 | |
| Listed by Frontier Properties Real Estate, LLC | |||
| | |||
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This stunning 3-bedroom, 2-bathroom residence, built in 2021, offers contemporary living with convenient access to schools, shopping centers, and the highway. As you step inside, you're greeted by a spacious and airy interior, bathed in natural light from large windows throughout. The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a perfect space for entertaining guests or relaxing with family.
The modern kitchen is a chef's delight, featuring sleek countertops, stainless steel appliances, ample cabinet storage, and a island. Retreat to the luxurious primary suite, complete with a generous walk-in closet and an en-suite bathroom featuring dual sinks and a luxurious shower. Two additional well-appointed bedrooms offer flexibility for guests, home offices, or hobbies, ensuring everyone has their own space to unwind.
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| Jul 8, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017