16 Ridge Pointe Drive #D
About This Property
Abundant sunlight. Steps to the pool and clubhouse. Close to Bethesda Hospital, I-95, shopping, PBIA, ocean and much more! NEW roof 2019, NEWER A/C inside out (2016), Electric storm shutters, knock down on ceilings, NEW plumbing NEW in guest BA, NEW skylights, NEW top of the line vinyl, wood plank flooring in living area and kitchen, NEW carpet in master, NEW paint throughout, NEW cabinets & quartz countertops, (3) pantries, kitchen entry wall partially removed w/granite counter, stainless steel appliances, new kitchen door to garage, New front door, washer/dryer relocated in garage. Refrigerator does not convey. HOSPITAL GRID - NEVER LOSE POWER!! Refri
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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 |
|---|---|---|---|
| Nov 15, 2019 | Sold | ||
| Sold | |||
| Sep 18, 2019 | Listed by William Raveis South Florida | $179,900 | |
| Listed by William Raveis South Florida | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/18/2019
|
2 Bed
|
2 Bath
|
1181 ft²
|
$179,900
2 Bed
2 Bath
1181 ft²
|
$170,000
-5.50%
11/15/2019
|
Nancy S Merritt
South Florida Realty Group & Property Management LLC
| |
|
05/08/2015
|
2 Bed
|
2 Bath
|
1200 ft²
|
$79,900
2 Bed
2 Bath
1200 ft²
|
$85,000
+6.38%
11/06/2015
|
Joe Sauter
Joe Sauter Realty "A Name You
|
Building Info
About Ridgepointe Woods Villas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017