16 Ridgeview Drive
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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by Berkshire Hathaway HomeServices Zack Shore Realtors | $899,900 | |
| Listed by Berkshire Hathaway HomeServices Zack Shore Realtors | |||
| Oct 31, 2019 | Sold | ||
| Sold | |||
| Aug 2, 2019 | Listed by Diane Turton, Realtors-Lavallette | $425,000 | |
| Listed by Diane Turton, Realtors-Lavallette | |||
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Your private oasis awaits at this classic center hall colonial situated on a .35 acre lot at the end of a cul-de-sac, surrounded by other high end homes in a wonderful family neighborhood! The home boasts 4 bedrooms and 2.5 baths, a large basement, two-car garage, sunroom and built in pool. Amenities include hardwood floors, an updated newer kitchen featuring granite counters, 42 inch cabinets, stainless steel appliances, a family room with a wood burning fireplace, formal living and dining room, a large master suite with large walk-in closet and a newly renovated spacious bathroom with a shower stall and tub. The Full basement is prefect for entertaining and has a beautiful wine cellar, custom wood paneling and large storage room. Outside boasts a fully fenced in back yard and wooded surroundings for plenty of privacy with an in ground pool/patio area, deck, 2 sheds and full sprinkler system throughout property. If you're looking for a great home to entertain family and friends do not miss out on this incredible opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017