1981 Ridgeway Road
About This Property
WELCOME HOME...to this beautifully kept 4BR/ 2.5 bath classic center hall colonial home with huge basement and beautiful, private backyard!
As you enter, you find a formal LR, DR and 1/2 bath which flows into the bright kitchen and family room with sliders to your private backyard. Enjoy lush perennial gardens and visiting wildlife on the large deck. Sprinklers, 2 new sheds for extra storage and grill for entertaining!
Upstairs, 4BR, 2 full baths. Primary suite w/ updated bath, another large BR with large windows looking out to the back yard and Two add'l BRs and another full bath.
Large basement & double driveway easy access in & out.
New roof, A/C, and upgraded electric. Backyard backs up to protected state land
Sprinklers use well water system
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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 |
|---|---|---|---|
| Jun 30, 2022 | Sold | ||
| Sold | |||
| May 4, 2022 | Listed by Keller Williams Preferred Properties,Bayville | $459,999 | |
| Listed by Keller Williams Preferred Properties,Bayville | |||
Property Highlights
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About Pine Lake Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017