16 Ridge Road
About This Property
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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 |
|---|---|---|---|
| Oct 20, 2006 | Sold | ||
| Sold | |||
| Sep 5, 2006 | Listed by Coldwell Banker Realty - Westwood | $349,900 | |
| Listed by Coldwell Banker Realty - Westwood | |||
| | |||
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Come on in, the pool is open! Truly move in condition cape in a neighborhood cul-de-sac setting. This 3 bedroom, 2 full bath home has updated kitchen and baths, one with a jet tub. This very special home also has hardwood floors throughout, plenty of closet space, and a bonus room upstairs perfect for an office. Electrical,roof and hot water heater have all been updated. The yard is professionally landscaped and has an irrigation system. Walk to Farley Elementary School! The best deal around!
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| Jun 14, 2006 | Sold | ||
| Sold | |||
| Apr 22, 2006 | Listed | $374,900 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017