1348 Black Ridge Drive
About This Property
The spacious primary suite includes a newly remodeled master bath with a custom-tiled walk-in shower. A separate laundry room with extra storage adds convenience, while the 2-car garage offers even more storage space. The garage has a sperate wall that can be removed.
Outside, enjoy the xeriscape front yard with mature trees and a rock wall for privacy. The covered patio and raised flower beds in the backyard create the perfect space for relaxing or entertaining. Plus, the shingle roof ensures long-lasting durability.
Don't miss out on this delightful home - it's the perfect blend of charm, practicality, and easy-care living!
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Cap Rate Calculator
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 19, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Price Decreased |
$235,000
↓ $25K
(9.6%) | |
| Price Decreased | |||
| Mar 20, 2025 | Listed by Cornerstone Realty | $259,900 | |
| Listed by Cornerstone Realty | |||
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About Kohlberg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017