12602 Old Ridge 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 |
|---|---|---|---|
| May 26, 2023 | Sold | ||
| Sold | |||
| Feb 8, 2023 | Listed by Long & Foster REALTORS 4 | $570,000 | |
| Listed by Long & Foster REALTORS 4 | |||
| Jan 2, 2023 | No longer available | - | |
| No longer available | |||
| Aug 18, 2022 | Listed by Dalton Realty | $720,000 | |
| Listed by Dalton Realty | |||
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Potential, Potential, Potential!!! This property offers and abundance of space. Currently the property is 3 bedrooms and 2 bathrooms and 3846 heated SQ/FT. The upstairs will offer a master suite and a wonderful space for an large office or play room all completed in 2022. Did I mention that the property also has a 26X48 workshop that has electricity and a space for an office that is attached to the workshop. Great opportunity if you are looking for a rural unique property. The owner is in the process of finishing up repairs to the property. The manager has listed the unit size as 3104 square feet.
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| Apr 4, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017