1420 BLACK RIDGE Drive
About This Property
Enjoy year-round comfort with refrigerated air and there's no carpet in the home, offering both easy maintenance and a clean look.
Step outside to a beautifully finished backyard designed for both relaxation and entertaining. A large, covered patio provides the perfect space for outdoor dining, gatherings, or simply enjoying the shade. The yard also features low-maintenance turf, mature shade trees that create a peaceful retreat, and a dedicated dog run, making it ideal for pet owners.
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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 |
|---|---|---|---|
| Sep 21, 2026 | Sold | ||
| Sold | |||
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Price Decreased |
$272,000
↓ $8K
(2.7%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$279,500
↓ $6K
(1.9%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by ClearView Realty | $285,000 | |
| Listed by ClearView Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017