1
Map
18 Ledgewood Raod
About This Property
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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 |
|---|---|---|---|
| Jun 20, 2014 | Sold | ||
| Sold | |||
| Aug 15, 2007 | Sold | ||
| Sold | |||
| May 14, 2007 | Listed by Pierce Properties Real Estate | $849,000 | |
| Listed by Pierce Properties Real Estate | |||
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|
HUGE $50,000 PRICE REDUCTION...$300,000 UNDER ASSESSMENT VALUE! THIS LOT CONSISTS OF 30,716 SQFT OF LAND SITUATED IN THE PICTURESQUE SETTING OF THE LEDGEWOOD ESTATES. THE EXPANSION POSSIBILITIES ON THIS LAND ARE ENDLESS. BE ABLE TO WALK TO TOWN & FELLS RESERVATION; BE MINUTES FROM 93 & 128; AND BE ABLE TO LIVE IN A PRIVATE SETTING...WHAT MORE CAN YOU ASK FOR...TRULY A UNIQUE PROPERTY. DON'T MISS OUT ON YOUR OPPORTUNITY! ALSO BEING LISTED AS A SINGLE FAMILY MLS#70570539
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| May 2, 2007 | Listed by Pierce Properties Real Estate | $849,000 | |
| Listed by Pierce Properties Real Estate | |||
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HUGE $50,000 PRICE REDUCTION...$300,000 UNDER ASSESSMENT VALUE! THIS EMBANKED RANCH IS SITUATED IN THE PICTURESQUE SETTING OF THE LEDGEWOOD ESTATES. THIS FUNCTIONAL HOME HAS MUCH TO OFFER WITH EXPANSION POSSIBILITIES. BE ABLE TO WALK TO TOWN & FELLS RESERVATION; BE MINUTES FROM 93 & 128; AND BE ABLE TO LIVE IN A PRIVATE SETTING...WHAT MORE CAN YOU ASK FOR...TRULY A UNIQUE PROPERTY. DON'T MISS OUT ON YOUR OPPORTUNITY. ALSO LISTED AS A LAND LISTING MLS #70578314.
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