Lot #2 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 |
|---|---|---|---|
| Oct 17, 2019 | Sold | ||
| Sold | |||
| Oct 24, 2018 | No longer available | - | |
| No longer available | |||
| Jun 13, 2018 | Listed | $349,900 | |
| Listed | |||
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Fantastic opportunity to own a 3 Bedroom, 2.5 Bath Bilonial home with over 2200 sq.ft. of spacious living. Quality to be built new construction in the sought after Minisink Valley School District. Living will be easy in this generously proportioned home. Beautiful large kitchen with granite countertops, gleaming hardwood floors in the living room, dining room, kitchen and foyer. Luxurious master suite with tray ceilings, a master bath and walk in closet. Why by resale when you can customize your dream home. Call us today for more information. The manager has listed the unit size as 2289 square feet.
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| Mar 15, 2018 | Listed by Keller Williams Hudson Valley | $349,900 | |
| Listed by Keller Williams Hudson Valley | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017