217 Ridge St
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%.
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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Listed | $515,000 | |
| Listed | |||
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Nestled on a picturesque 0.45-acre wooded lot, this 3-bedroom, 1-bath ranch offers comfort, convenience, and the tranquility of nature. Located in a desirable Millis neighborhood, this home features single-level living with a partially finished basement—ideal for extra living space, a home office, or a recreation room.Inside, you'll find a cozy and inviting layout, with a bright living area, a functional kitchen, and three well-sized bedrooms. The home is complemented by large windows that allow for plenty of natural light and provide beautiful views of the surrounding trees.Step outside and enjoy the peaceful setting of the wooded backyard—perfect for relaxation, entertaining, or enjoying nature. With its prime location near local shops, dining, and top-rated Millis schools.
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| Aug 14, 2012 | Sold | ||
| Sold | |||
| Jun 29, 2012 | Listed by Northeast Signature Properties, LLC | $315,000 | |
| Listed by Northeast Signature Properties, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017