21 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%.
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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 8, 2023 | Sold | ||
| Sold | |||
| May 24, 2023 | Listed by HOULIHAN LAWRENCE INC. ML | $575,000 | |
| Listed by HOULIHAN LAWRENCE INC. ML | |||
| | |||
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This beautiful sun filled contemporary cape is set back off a quiet, scenic country road on two fabulous acres. The open living room and spacious dining room is ideal for entertaining. Gorgeous natural hard wood floors run throughout. The main floor has a second Primary bedroom with an en-suite full bathroom. The large loft like family room has a wood burning fireplace, radiant floors, and en-suite full bathroom. The large Palladian window and skylights let in an abundance of sunlight. There is an office on the main floor. The kitchen has new stainless steel appliances and opens onto a large deck that overlooks two flat beautiful acres. The laundry room and half bathroom complete the first floor. The second floor Primary bedroom boasts an updated, en-suite full bathroom. There is an office/bedroom and updated full bathroom. The 1000 square foot finished lower level has brand new wood floors throughout. The two large rooms are perfect for a gym, music studio, yoga room or an additional family room, the possibilities are endless. One of the best features this house offers is its smart home brilliant technology, eco-smart features, solar panels, and a double Tesla battery capable of powering the entire house. Newer roof able to withstand winds over 130 miles an hour, radiant floors, and generator. Ten minutes to Metro North, shopping, restaurants, and the town of Millbrook.,FLOORING:Wood,Ceramic Tile,AboveGrade:3352,Heating:Zoned,ExteriorFeatures:Landscaped,Outside Lighting,APPLIANCES:Water Softener,ROOF:Asphalt Shingles,Below Grnd Sq Feet:1036,OTHERROOMS:Office/Computer Room,Pantry,Rec/Play Room,InteriorFeatures:Washer Connection,Other School:DUTCHESS DAY,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors
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| Nov 29, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 3, 2022 | Price Decreased |
$605,000
↓ $24K
(3.8%) | |
| Price Decreased | |||
| Sep 14, 2022 | Listed by Houlihan Lawrence Inc. | $629,000 | |
| Listed by Houlihan Lawrence Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017