2100 RIDGE ROAD
About This Property
Zoned AGRIGULTURAL W Residential Use on 4AC
2 Separate entrances Ridge Road and Nicodemus Road.
Can BUILD an attached in-Suite on to the main house.
Large approx 1.5 AC upper level lot with PLENTY of possibilities Horses, Livestock, Garage
POOL Above ground 16 x 32 approx with a large deck for entertaining.
Over 4,000 sq ft of garage space in 3 separate buildings
Mechanics Garage with LIFT, AIR compressors, ENGINE Room
MULTIUSE PROPERTY HORSES , LIVE STOCK,, or
Come see this great opportunity to own this beautiful property on ***** 4ac ******* of land. Large open lot sits above and behind the house that is approximately 1.5 AC . Waiting for you to put an nice horse stable. Main house has 3 bedrooms 2 full bath and attached garage. Walk out of your sunroom on to your covered deck that comes with sun lights and ceiling fan. The lower deck goes out to your 16x32 above ground pool. Just beyond the decks is a garage that will store your RV. There are 3 other buildings include a 4 car garage/office. Another building is ideal for a full service mechanics shop including a lift and 2 air compressors. A must see for anyone who wants to run a business from home.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017