1496 Ridge Ter
About This Property
There's also an active soaring (glider) community at Kelly Air Park. About the only thing missing, is a float plane environment, but this is Colorado.
Lot does have a well.
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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 |
|---|---|---|---|
| Aug 13, 2026 | Listed | $250,000 | |
| Listed | |||
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed | $2,350,000 | |
| Listed | |||
| | |||
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Spec house build to suit listing - Lot is currently listed and active - taking spec listing out of MLS - Amazing opportunity! Come Fly home, Located in private community air park, bring your plane, fly to and from work or hobby, taxi right to your home or garage. New Construction, Custom Home designed, complete with stunning upgrades, layout and upper end appointments and finishes. Buyer can sit with builder to finalize finishes and options or buy it as designed. All photos and renderings are based on current designs and plans and subject to change. The home features upper and lower basement with walkout and all finished. Hanger or outbuilding is not included but is option to add and customize to your needs and wants VACANT LOT - SPEC BUILD - NO HOME YET - TO BE BUILT
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| Jun 18, 2024 | Price Decreased |
$235,000
↓ $15K
(6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017