2 Ridge Road
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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 |
|---|---|---|---|
| Sep 3, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Price Decreased |
$1,298,000
↓ $21K
(1.6%) | |
| Price Decreased | |||
| Apr 19, 2024 | Price Decreased |
$1,319,000
↓ $79K
(5.7%) | |
| Price Decreased | |||
| Feb 12, 2024 | Listed by EXP Realty | $1,398,000 | |
| Listed by EXP Realty | |||
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Beautiful Colonial with 4 Bedrooms in Herricks School District!! Amazing Backyard Made For Entertaining! Entry Foyer to Formal LR, Formal DR, Eat in New Kitchen, Bright & Spacious Family Room & Powder Room! Second floor boasts Primary Suite w/FB, 2 Nice Size Bedrooms w/ FB. Full Finished Basement w/Open REC Space, Storage, Utly, Laundry! Close to Schools , Shops, Restaurants and So Much More! Herricks School District (Searingtown Elementary, Herricks MS & HS). Easy access to jump right on 495 & Grand Central, Close to LIRR, New about 7/8 years old Roof, New Stucco/Siding about 7 years. new, Windows about 7/8 years old! Furniture in the pictures has been removed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017