1320 Ridge Road
About This Property
Assignment Contract. Sold As Is. Cash only. 10 percent due at signing. Agent is Owner.
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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 |
|---|---|---|---|
| Feb 6, 2026 | Sold | ||
| Sold | |||
| Dec 19, 2025 | In contract | - | |
| In contract | |||
| Nov 17, 2025 | Listed by Empire Real Estate Firm LLC | $299,999 | |
| Listed by Empire Real Estate Firm LLC | |||
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Location Location Location! Welcome to 1320 Ridge Road, situated on just under 1 acre of land, overlooking Galway Lake! This newly updated home features a dining room, living room, kitchen, 3 bedrooms and 2 full bathrooms. A ductless mini split also awaits to keep cozy all year round, especially on those hot summer nights! New Vinyl windows and vinyl siding have also been installed! Walk out the slider to the back deck to enjoy lake views with friends and family! Septic and Well have been inspected and pumped for buyers peace of mind! Book your showing today!
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| May 9, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017