18 RIDGEWOOD AVENUE
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 |
|---|---|---|---|
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Nov 5, 2023 | In contract | - | |
| In contract | |||
| Nov 5, 2023 | Price Increased |
$519,900
↑ $30K
(6.1%) | |
| Price Increased | |||
| Oct 27, 2023 | Price Decreased |
$490,000
↓ $30K
(5.8%) | |
| Price Decreased | |||
| Oct 18, 2023 | Listed by Keller Williams Premier | $519,900 | |
| Listed by Keller Williams Premier | |||
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Welcome to 518 Ridgewood Ave in beautiful Delran! This stunning five-bedroom, three-full-bath, and one-half-bath home is the epitome of elegance and comfort. As you step inside, you'll immediately notice the gorgeous hardwood floors that flow seamlessly throughout the house, creating a warm and inviting atmosphere. The spacious and well-designed layout of this home is perfect for families of all sizes. The heart of the home is the kitchen, featuring modern stainless-steel appliances. Whether you're preparing a quick weekday meal or hosting a lavish dinner party, this kitchen is sure to impress. The upgrades throughout the home add a touch of luxury to every room. From the sleek fixtures to the stylish finishes, no detail has been spared. The five bedrooms offer ample space and natural light, creating cozy space for all. Entertainment options abound in the full-size basement. Imagine cozy movie nights, exciting game days, or even transforming this space into a home gym or office – the possibilities are endless. Don't miss the opportunity to make this exquisite house your new home. Schedule a showing today and experience the luxury, comfort, and convenience of 518 Ridgewood Ave for yourself. Welcome home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017