1467 RIDGE TOP WAY
About This Property
split floor plan and is filled with thoughtful upgrades. Enjoy Florida living in the large
saltwater pool and expansive screened lanai, perfect for relaxing or entertaining, all
overlooking a nicely fenced backyard. Inside, the primary suite features an updated
bathroom/shower, while recent improvements include a new electronic panel, new storm/hurricane
windows, professionally cleaned air ducts, and a new pool pump and motor. The garage is equipped
with built-in cabinets for added storage, and a new shed provides even more space.
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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 |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Price Decreased |
$875,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Dec 28, 2025 | Listed by FLORIDA DRIVEN REAL ESTATE | $880,000 | |
| Listed by FLORIDA DRIVEN REAL ESTATE | |||
| Nov 28, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017