1639 Ridge Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 26, 2026 | Sold | ||
| Sold | |||
| Apr 18, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Listed by Denovo Realty | $175,000 | |
| Listed by Denovo Realty | |||
| Mar 24, 2017 | Sold | ||
| Sold | |||
| Mar 12, 2017 | Listed by RE/MAX Solutions | $52,850 | |
| Listed by RE/MAX Solutions | |||
| | |||
|
Nice open floor plan with large eat-in Kitchen with pantry and plenty of cabinets. Updated about 6 years ago with A/C, Roof, Plumbing and Siding. Split floor plan.Master bedroom features a large walk-in closet. Wood laminate floors thru-out except bathrooms which are tile. Other features include an Inside utility room, Storage room and screened porch along with 16 x 10 Wood shed and fenced in yard. Convenient to schools, shopping, beaches and easy access to I-95 and the Beachline.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017