196 Ridge Road
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 |
|---|---|---|---|
| Aug 18, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Listed by Howard Hanna Rand Realty | $695,000 | |
| Listed by Howard Hanna Rand Realty | |||
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This stunning modern colonial home is positioned on 2.2 acres of meticulously landscaped property, offering a private oasis with excellent sun exposure and magnificent views. The home features formal and informal areas with hardwood floors throughout and an abundance of windows that flood the home with natural light. The formal dining room provides a serene atmosphere. For informal entertainment, the large family room with a wood-burning fireplace is conveniently located off the kitchen. The efficiently designed kitchen offers ample storage and counter space, quartz countertops, tile backsplash, a large island, and stainless-steel appliances. Sliding glass doors lead to a four-season sunroom and a screened in porch to enjoy summer months. A separate living room is perfect for more formal entertaining with guests. The mudroom provides access to the patio and includes the laundry area. A full bathroom on the first floor completes this level.
The primary bedroom features a walk-in closet and a primary bathroom with a double sink vanity and shower. All other bedrooms offer generous space for sleep, storage, and play and share the hall bathroom with dual sinks and quartz counter top. The lowest level of the home includes a large recreational room with vinyl plank floors, a full bathroom, and an additional versatile space. For those who work from home, there is dedicated office space. Enjoy all the peace and tranquility you are looking for in a home, just minutes from NYC transportation and minutes to the villages restaurants and shops.
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| Dec 15, 2014 | Sold | ||
| Sold | |||
| Oct 23, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017