2 High 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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Gibson Sotheby's International Realty | $1,225,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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This lovely reverse design home is located .3 miles from beautiful Great Hollow Beach and offers plenty of room for friends and family. It is situated on a corner lot with fruit trees, an outdoor shower and an expansive upper deck to enjoy the bay breezes, perfect for summer living. The open living room with fireplace, kitchen with a large island and dining area are ideal for large gatherings or a desirable rental property. The primary bedroom with ensuite bathroom also has a door leading to the backyard garden. There are two more generous bedrooms and a full bath with tub. Plenty of storage available in the full basement with a lockable owners closet. Don't miss this opportunity to own in a wonderful, secluded neighborhood by the beach in Truro. Seller welcomes offers with requests for buyer concessions.
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| Nov 15, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017