205 Ridge Lake Road
About This Property
Another bay Living Home--
215 Ridgelake Road, Crestview, Florida....
Another Bay Living Inc Remodel.... $215,900
Completely remodeled From top to bottom..Main house is a 3 Bedroom 3 Full Bath Home with Detached 2 Car Garage with 1399 Square feet living space- 2 Car Garage has a Studio Apt above garage that has been also remodeled with new Kitchen and half bath..Studio has 240 Square feet living space.. 1639 Feet Total Living areas (House and Studio)...Pretty cool set up.. New Roof,New Ac,New Kitchen cabinets with white crystal quartz and back splash and stainless steel appliances,new updated baths, Vinyl plank flooring,new carpets, new fans and lights,garage apt new Kitchen cabinets all remodeled --
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Cap Rate Calculator
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 20, 2023 | Sold | ||
| Sold | |||
| Aug 13, 2023 | No longer available | - | |
| No longer available | |||
| Aug 5, 2023 | Listed by ERA American Real Estate | $299,000 | |
| Listed by ERA American Real Estate | |||
| Jun 23, 2020 | Sold | ||
| Sold | |||
| May 6, 2020 | Listed by ERA American Real Estate | $215,800 | |
| Listed by ERA American Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017