1562 Rock Ridge Circle
About This Property
breathtaking panoramic views. Designed for both comfort and mountain charm, the home features a stunning rock-face gas fireplace,
warm wood accents, and custom hickory cabinets that add rustic character throughout the kitchen and living space. Step outside onto
the expansive wraparound deck, the perfect place to relax, entertain, and take in the peaceful forest surroundings. A detached 2-car
garage provides plenty of room for vehicles, recreational toys, or a fully functional workshop. Whether you're looking for a full-time
mountain home, a weekend retreat, or an investment getaway, this cabin offers the perfect balance of privacy, comfort, and scen
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Listed by Homesmart Pros | $449,000 | |
| Listed by Homesmart Pros | |||
| Sep 6, 2025 | Price Decreased |
$499,900
↓ $30K
(5.6%) | |
| Price Decreased | |||
| Aug 5, 2025 | Price Decreased |
$529,500
↓ $20K
(3.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017