18274 SE Ridgeview Drive
About This Property
FOR HOA DOCS & APPLICATION GO TO :
https://riverridge.ws/forms-and-po Roof replaced in 2006 , Current owner replaced some weathered shingles costing $1300
Sprinkler Pump and zones replaced /repaired in Fall of 2017 cost $680
NEW A/C IN 2015.WATER HEATER NEW 2017.
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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 |
|---|---|---|---|
| Dec 5, 2019 | Sold | ||
| Sold | |||
| Nov 7, 2019 | No longer available | - | |
| No longer available | |||
| Sep 16, 2019 | Price Decreased |
$624,900
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Aug 24, 2019 | Price Decreased |
$639,900
↓ $4K
(0.6%) | |
| Price Decreased | |||
| Jul 24, 2019 | Price Decreased |
$643,900
↓ $5K
(0.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017