124 Ridge Road
About This Property
The primary bedroom features its own private bath, while the full finished basement provides plenty of additional living space, an outside entrance, and a separate work area offering lots of possibilities.
Step outside to the rear deck, perfect for relaxing, entertaining, or simply enjoying the spacious yard. A garage, private driveway, generous property, and so much more complete this special home.
A great opportunity for anyone looking for space, privacy, and comfortable one level living!
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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 |
|---|---|---|---|
| Oct 15, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Listed by Long Island Home Prop LLC | $649,999 | |
| Listed by Long Island Home Prop LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017