5
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2171 Ridge Rider Road
About This Property
Listed By
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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 |
|---|---|---|---|
| Sep 4, 2026 | Listed by Oak Shores Realty | $35,000 | |
| Listed by Oak Shores Realty | |||
| Jul 7, 2023 | No longer available | - | |
| No longer available | |||
| Jun 22, 2023 | In contract | - | |
| In contract | |||
| Feb 10, 2023 | Price Decreased |
$30,000
↓ $3K
(9.1%) | |
| Price Decreased | |||
| Jun 20, 2022 | Listed by Oak Shores Realty | $33,000 | |
| Listed by Oak Shores Realty | |||
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Great for use as a passport or buildable lot in Oak Shores. Located at the end of a cul-de-sac on a downward sloped lot that overlooks greenbelt property and offers many options for the creative builder. Adjacent lot is also available for sale. Oak Shores amenities include two launch ramps, a marina with privately owned boat slips and over 60 courtesy boat slips, a heated swimming pool, a 4800 square foot clubhouse, a campground, dog park, and a miniature golf course.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017