38
Map
206 Ridge Avenue
About This Property
Welcome to your dream home in the heart of Valley Stream, perfectly nestled behind Green Acres Mall, offering instant access to top national retailers, dining, and everyday conveniences. This expansive 5-bedroom, 2-bathroom Colonial is a rare find in one of Long Island's most sought-after neighborhoods, served by the highly-rated Valley Stream School District 24.
Step inside to discover a home that blends timeless charm with modern upgrades. The property features a separate basement entrance. In 2024, brand new energy-efficient mini split A/C systems were installed throughout the home, ensuring year-round comfort. The exterior is equally impressive-fully renovated in July 2020 with new roof, sheeting, and siding for lasting durability and curb appeal.
Luxury touches continue throughout: In January 2025, the downstairs bathroom was completely renovated, featuring a stunning custom art installation sourced from MoMA-a true conversation piece. The bathroom vent is state-of-the-art, professionally designed to expel moisture and prevent mold buildup. A new boiler (April 2025) adds peace of mind for future winters.
Upstairs, two beautifully redone bedrooms offer serene retreats, while a spacious mudroom provides a practical and elegant transition space for daily living. A 6-zone sprinkler system keeps the lush landscaping thriving, while the detached garage and expansive driveway offer ample parking for multiple vehicles.
Enjoy your private backyard oasis, perfect for relaxing, entertaining, or creating your dream garden. Best of all, the home is not located in a flood zone, adding an extra layer of security and long-term value.
Don't miss the opportunity to own this truly exceptional home in a vibrant, commuter-friendly location with incredible amenities at your doorstep.
Payment Calculator
Your Estimated Monthly Payment
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Valley Stream
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,999 /mo
- 4 Beds
- 2 Baths
- 1,500 ft²
$6,300 /mo
- 4 Beds
- 3 Baths
- 2,471 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017