201 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 |
|---|---|---|---|
| Dec 29, 2016 | Sold | ||
| Sold | |||
| Oct 14, 2016 | Listed by Molisse Realty Group | $409,000 | |
| Listed by Molisse Realty Group | |||
| Apr 30, 2012 | Sold | ||
| Sold | |||
| Jan 18, 2012 | Listed by William Raveis R.E. & Home Services | $379,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Idyllic Riverfront home in serene location. Close to Marina, shops, beach & restaurants. Breathtaking views from nearly every window in this completely rebuilt home. Soaked in natural light, this home boasts an oversized sunken fam rm w/ cath ceilings & gas fireplace, a gourmet kit w/ granite & newer appliances & access to the deck. Lush green lawn w/irrigation system, Central Air & ample storage for all of your outdoor toys-canoe, kayak, paddle-board from your own private beach oasis.
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| Feb 27, 2011 | Listed by Molisse Realty Group | $419,000 | |
| Listed by Molisse Realty Group | |||
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