212 RIDGEWAY Road
About This Property
The upgraded chef's kitchen features Bosch appliances, including a double oven and 36'' cooktop, complemented by sleek white shaker cabinets and quartz counters. A custom-built pantry and laundry room add convenience to daily tasks.
Entertain effortlessly in the open floor plan with vaulted ceilings, while the opulent ensuite bathroom off the oversized owner's bedroom provides a retreat-like experience. Custom sliding glass doors lead to a large covered patio overlooking a private oasis with fruit trees, fire pit, and outdoor kitchen.
Owner upgrades include a whole house generator, Kinetico water softener, RO drinking water filtration system, and blown spray foam insulation throughout. Electric garage door roller screens, ceiling fans, and EV charging enhance functionality. The garage is equipped with cabinets, storage racks, electric bike hoist, and pull-down steps for added convenience.
Additional features include a front door full view cool screen, oversized architectural fans, WiFi-enabled irrigation, thermostat, and door locks. Enjoy the custom 3rd full bathroom with 3 shower heads, along with the office/4th bedroom featuring a high-end built-in Murphy bed. Custom roller shades throughout the home provide privacy and shade.
Don't miss this opportunity to own a luxurious home in the highly sought-after Ocean Ridge community!
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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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | Listed by DJ & LINDSEY REAL ESTATE | $1,449,000 | |
| Listed by DJ & LINDSEY REAL ESTATE | |||
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Jan 27, 2022 | Listed by DJ & LINDSEY REAL ESTATE | $1,199,000 | |
| Listed by DJ & LINDSEY REAL ESTATE | |||
| Feb 5, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017