18152 RIDGEWOOD PL
About This Property
Welcome to this beautifully maintained Cresswell model in the highly sought-after Bluffs at Sleeter Lake community, offering an inviting combination of luxury and warmth.
Nestled on a peaceful .56 acre corner lot, this property enjoys privacy with only one neighbor and backs to a beautiful, tree-filled common area. Step inside and feel immediately at home, greeted by a sunny den and a dining room ready to host gatherings. The chef's kitchen features quartz countertops, stainless steel appliances, double wall ovens, and a spacious walk-in pantry. Flowing effortlessly into the living room, the kitchen offers a view of the grand stone fireplace and opens to a sunroom bump-out, which leads to a covered deck-ideal for sipping morning coffee and enjoying stunning sunrises.
The main floor primary suite overlooks the backyard and offers box ceilings, dual walk-in closets, and a spa-inspired bath with double vanities, a soaking tub, and a large walk-in shower. A convenient main floor laundry room and a mudroom lead to the two-car garage with durable epoxy flooring.
Upstairs, a versatile loft area connects to three more spacious bedrooms, one with its own en suite bath, plus another full bath in the hall as well as a generous hall closet.
Downstairs, the partially finished basement includes a large rec room, a fourth full bath, and two expansive unfinished areas. One of these rooms, complete with large windows, is perfect for a future fifth bedroom or custom space. Walk out to the fully fenced backyard, which includes a fire pit and plenty of space for entertaining and relaxation!
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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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Relisted | $950,000 | |
| Relisted | |||
| Nov 15, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Price Decreased |
$950,000
↓ $15K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017