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213 RIDGE ROAD
About This Property
Some of the extensive upgrades include: 200 Amp electric service, natural gas service in place of oil, automatic attic fan, hardwired smoke and CO detectors, fresh paint throughout, new outlet receptacles, floor vents, baseboards, overhead light fixtures and ceiling fans. The seller is installing a new septic system set back from the home to allow for future improvements. Newer water softener system and well water pressure tank (2023). 2019 brought many upgrades to the home with new roof, siding, garage door and opener, powder room remodeled with new sink, toilet, tile, hardwood floors, light and fan. Kitchen remodeled for an open concept with new cabinets, granite countertops, hardwood floor, stainless steel appliances, including 36" farm sink, new ceiling, and recessed lighting. New HVAC was installed with warranty through 2/2029. Hardwood floors were refinished throughout and a new hot water heater installed. Screenhouse screens are replaceable with removable frames. The fireplace was used with a wood stove which the seller recently removed. Experience the joy of living in a space that combines luxury with the comforts of home, where every detail has been considered to enhance your everyday experience.
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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 |
|---|---|---|---|
| Nov 2, 2026 | Sold | ||
| Sold | |||
| Sep 19, 2026 | In contract | - | |
| In contract | |||
| Sep 8, 2026 | Listed by EXP Realty, LLC | $479,000 | |
| Listed by EXP Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017