2031 Ridgecrest Place
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 |
|---|---|---|---|
| Apr 27, 2024 | No longer available | - | |
| No longer available | |||
| Apr 4, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by The Broker Network | $1,895,000 | |
| Listed by The Broker Network | |||
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Unparalleled sunset views, resort style backyard encompassing family and social entertaining with fabulous pebble tech pool and jacuzzi, built in fireplace entertainment area and low maintainance turf and landscape. Inside the home you will find neutral tastefull decor, LVP flooring, paint, dual pane windows and and open concept floor plan. Primary bedroom with sitting area and fireplace on main floor. A large kitchen with expanded wet bar area, large island and stack stone fireplace bring the outside in and provide a welcoming flow to the inside/outside Southern California lifestyle. The upstairs provides 3 additional bedrooms (or additional family room as shown in pictures), and 2 full baths. See additional comments below. The manager has listed the unit size as 3663 square feet.
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| Dec 18, 2017 | Sold | ||
| Sold | |||
| Sep 13, 2017 | Listed by Coldwell Banker West | $1,050,000 | |
| Listed by Coldwell Banker West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017