175 Lake Ridge Circle
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 |
|---|---|---|---|
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | Listed by HomeSmart Realty West | $1,575,000 | |
| Listed by HomeSmart Realty West | |||
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Majestic "SINGLE LEVEL" Private Estate, known as the CENTERPIECE of Lake Ridge Estates by the neighbors, is positioned on 1.3 acres of Meticulously Maintained Park-Like Grounds. This Immaculate home is in the Exclusive Gated Community of Lake Ridge Estates and Showcases High Quality Craftsmanship at its finest...The very well thought out Floor Plan boasts an Impressive Entrance with Soaring Ceilings, Expansive Living areas & Large Bedrooms each with their own ensuite Bathrooms. The Primary Suite features a Custom Fireplace, Walk-in closet w/custom organizer system & Spacious Primary Bathroom with Roman Tub & Tiled Shower. The well-appointed Kitchen includes Custom Cabinetry, Granite Countertops, top of the line appliances w/ Sub-Zero Fridge and a Sizable Pantry. The Impressive Back Patio is Ideal for Entertaining and features Beautiful Flagstone pavers a Built-in BBQ & South/Westerly Views. You will be sure to appreciate the Pristinely kept 3 car Garage with epoxy flooring, an Abundance of storage as well as the Immense Circular driveway which can accommodate 15 or more cars. FEATURES/UPGRADES INCLUDE: *Owned Solar = No Electric Bill *Master Suite with Large walk-in closet w/custom built-ins *Exquisite Landscaping/Fully Usable 1.3 acre lot *Newer split system A/C *Large Laundry Rm. w/Cabinetry & Sink. *3 Fireplaces *Tumbled Travertine Throughout. *Expansive 3 car Garage w/epoxy flooring (equipped for electric car charging) *Vaulted Ceilings Throughout *Optional Theatre Rm. *South Westerly Views *Smart Home w/Google nest control panels in every room * Gated Community w/Clubhouse, 2 Ponds, nature preserve.
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| Jul 14, 2016 | Sold | ||
| Sold | |||
| May 12, 2016 | Listed by Harcourts HD Realty | $949,900 | |
| Listed by Harcourts HD Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017