1904 Middle Ridge Drive
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 29, 2024 | No longer available | - | |
| No longer available | |||
| Jan 25, 2024 | Sold | ||
| Sold | |||
| Dec 9, 2023 | Listed by Coldwell Banker Hpw-Falls Of Neuse-Ral | $400,000 | |
| Listed by Coldwell Banker Hpw-Falls Of Neuse-Ral | |||
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Fabulous move-in-ready home with great privacy on a large lot only seven minutes from I-540 (opening 2024). Set on a beautiful acre lot, this home lives like a ranch & features a huge bonus room & full bath upstairs. Both HVAC units & roof replaced in last 5 years. New engineered wood floors in living areas. Kitchen features appliances replaced in 2021 & lots of counter space. Oversized primary bedroom suite w/ large soaking tub & walk-in shower. Walk-in closet features a hidden 3x3 safe room. Large covered porch, attached deck, lower deck & fire pit are great for entertaining. Second floor finished & permitted in 2018 provides incredible space & opportunities. Lots of unheated storage off bonus room w/ built-in shelving. Oversized two car garage provides room for a workbench & storage. Large shed in great condition. Play structure in side yard does not convey. Decks & front porch railings freshly painted. New carpet on stairs. Gutter guards just installed. 11 minutes to The manager has listed the unit size as 2354 square feet.
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| Oct 11, 2023 | Listed by Coldwell Banker HPW | $400,000 | |
| Listed by Coldwell Banker HPW | |||
| Dec 14, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017