173 Ridge Way
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 13, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| May 12, 2024 | Relisted | $719,500 | |
| Relisted | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Listed by Caniglia Real Estate Group Llc | $719,500 | |
| Listed by Caniglia Real Estate Group Llc | |||
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Mountain Rustic charm on 5 very private acres! The casual yet elegant design flows from the updated log cabin to the fantastic 2021 addition. The open floor plan showcases log beams, wood floors & inviting spaces. Curl up in a chair next to the wood burning fireplace in the main great room, or flip a switch in the den to crank up the gas fireplace. Enjoy home cooked meals in the large dining area or out on the view-filled deck. The primary bedroom is a sanctuary in itself... tucked away above the den with its own balcony, large walk in closet & private bath. On the other side of the house, above the kitchen & the 2nd bathroom/laundry room, is the charming loft bedroom which highlights the unique feel & distinct style of the original log cabin design. For overflow sleeping there's a cozy bunkhouse outside, just a few steps from the front door! The backyard studio with attached greenhouse offers a place to develop your gardening skills or use as a quiet nook for work or projects. There's plenty of storage space for you in the barn and the shed, too! This spectacular 5 acre parcel offers easy access, close proximity to Hwy 9, snowcapped mountain views, healthy forested land with trails & space to wander, and all of the peace and quiet you are looking for. All of this, and just 20 miles from all of the activities in nearby Breckenridge. No matter how you spend your time in the mountains, you'll get to start your days with a sit in the sauna, and end your nights with a soak under the stars in the hot tub. There's nothing better than this!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017