1622 Ridgecrest 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 |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by Tennessee Elite Realty | $435,000 | |
| Listed by Tennessee Elite Realty | |||
| Dec 21, 2021 | No longer available | - | |
| No longer available | |||
| Dec 19, 2021 | Listed by United Real Estate Solutions | $289,000 | |
| Listed by United Real Estate Solutions | |||
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Beautiful, Updated,, Single level cabin features a screened side porch & large back deck. The interiors open floor concept with living area, kitchen & dining area feels larger due to the towering cathedral ceiling & stone fireplace. New LVP flooring throughout. The bedroom and bath features charming stained glass windows and rustic mill work. Looking for a weekend retreat or downsizing to a small property check this one out. Cabin sold furnished,. The Following items do not convey: Personal items, including Vases, green stool, TV table. knife set, and other personal items. The following are Less that 5 years old: Roof, Range, Microwave, refrig, & hot water heater. Come see this beloved and well cared for vacation retreat. Owner's did NOT use as a rental. Buyer to verify all sq ft and measurements. The manager has listed the unit size as 600 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017