2161 Ridgeway Road
About This Property
At the shoreline of Pine Lake and adjacent to Lake Drive is Pine Lake Park & Playground, home of the Splashpad, which is a water spray park. Also located in the park is an extensive playground area comprised of climbers, slides and swings for all ages. There are two covered picnic areas with a restroom building nearby. From the beach area there is a pathway that traverses the shoreline and leads across the top of the dam and into the Pike Lake Park residential community. The lake accommodates boating; canoes and kayaks can often be seen paddling across the serene vista. Off street parking is provided by a paved parking area and a sandy lot on the north end of the beach. Beach Badges are required from Memorial Day till Labor Day. Source for Pine Lake Park info: https://manchestertwp.com/departments/department-of-recreation/manchester-township-parks/
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2023 | Sold | ||
| Sold | |||
| Jan 18, 2023 | Listed by Keller Williams Shore Properties | $535,000 | |
| Listed by Keller Williams Shore Properties | |||
| Dec 5, 2022 | No longer available | - | |
| No longer available | |||
| Nov 2, 2022 | Price Decreased |
$565,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Sep 30, 2022 | Listed by Weichert Realtors-Middletown | $575,000 | |
| Listed by Weichert Realtors-Middletown | |||
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Looking for your own private oasis? Look no further. This adorable possible Mother Daughter Raised Ranch has almost one acre of fenced in property to call your own. Relax and take a dip in the pool with a brand-new Pump installed. Home includes two bedrooms including an extra-large Master Suite with custom cabinets and a full private bathroom with ceramic tiles, an additional fully renovated bathroom, updated kitchen with granite countertops, under cabinet lighting and ceramic tiles, living area with full Bose Surround Sound System, and dining room, Hardwood floors throughout. Take a look at the Finished Walkout Basement with a full kitchen, laundry room, full bathroom, additional bedroom, living area and attached garage. The manager has listed the unit size as 1288 square feet.
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About Pine Lake Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,150 /mo
- 2 Beds
- 2 Baths
$3,300 /mo
- 3 Beds
- 3 Baths
- 2,434 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017