1522 Ridgebriar Drive
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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 |
|---|---|---|---|
| Dec 9, 2020 | Sold | ||
| Sold | |||
| Nov 2, 2020 | Listed by Champions Real Estate Group | $164,900 | |
| Listed by Champions Real Estate Group | |||
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Light and bright home in good location with open floor plan, High ceilings, lots windows.updated Kitchen with lots of granite countertops, Recent Appliances, spacious master bedroom with walk in shower and bathtub, double sinks and lots of drawers and cabinets, recent energy efficient A/C system,double pane windows and recent Siding and exterior doors. recent water Heater, recent roof. Large Storage room in the back gives lots of options for a work shop or exercise room
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About Cranbrook
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017