1511 Southridge Trail
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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%.
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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 |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| May 1, 2023 | Listed by Redfin Corporation | $554,900 | |
| Listed by Redfin Corporation | |||
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A room for everyone! This gorgeous 7 Bedrooms, 4 full bath home with walkout basement is ready for you and surrounded by serene nature. Near the end of this quiet street, this beautiful home boasts a grand entryway, large entertainment space with hardwood floors and large stone fireplace on the main level, MAIN level bedroom with access to a full bath for overnight guests. The 2nd floor hosts a wonderful owner's suite and 3 secondary bedrooms with a large hall bath. The fully finished walkout basement offers an additional 1600 sq feet of space, 2 bedrooms, a full bath and still room for entertaining. The best part is the walkout to the stamped concrete patio overlooking nature at its finest. This one should check all the boxes!
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| Apr 30, 2023 | No longer available | - | |
| No longer available | |||
| Apr 10, 2023 | In contract | - | |
| In contract | |||
| Apr 4, 2023 | Listed by Redfin Corporation | $554,900 | |
| Listed by Redfin Corporation | |||
| | |||
|
A room for everyone! This gorgeous 7 Bedrooms, 4 full bath home with walkout basement is ready for you and surrounded by serene nature. Near the end of this quiet street, this beautiful home boasts a grand entryway, large entertainment space with hardwood floors and large stone fireplace on the main level, MAIN level bedroom with access to a full bath for overnight guests. The 2nd floor hosts a wonderful owner's suite and 3 secondary bedrooms with a large hall bath. The fully finished walkout basement offers an additional 1600 sq feet of space, 2 bedrooms, a full bath and still room for entertaining. The best part is the walkout to the stamped concrete patio overlooking nature at its finest. This one should check all the boxes! ***Highest and Best offers due 5PM 4/8**** The manager has listed the unit size as 5279 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017