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2186 Ridge Rider Road
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 |
|---|---|---|---|
| Jun 8, 2023 | No longer available | - | |
| No longer available | |||
| Apr 23, 2023 | In contract | - | |
| In contract | |||
| Apr 18, 2023 | Price Decreased |
$637,500
↓ $38K
(5.6%) | |
| Price Decreased | |||
| Mar 10, 2023 | Listed by RE/MAX Parkside Real Estate | $675,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
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Oak Shores Lake Home...the lake is full and now is the time to get ready for summer fun! This split-level home features 3 bedrooms, 2 1/2 baths, a separate living room and family room with a Fireplace Xtrordinair woodburning fireplace. This home has custom lighting and fixtures throughout plus a central vac system and surround sound with 12 speakers strategically placed throughout the home and on the decks. The kitchen features custom built cabinets with lots of special features, a brand new gas range with both a conventional & a convection oven, brand new dishwasher and brand new microwave and dishwasher...and includes the refrigerator. The main floor entry takes you to the spacious living area and you proceed down to the 2nd level where you find the bedrooms and the wine cellar plus an amazingly large storage area. One of the guest rooms come complete with bunk beds.
Enjoy your summer evenings on one of the two decks at the rear of the home. The decks are accessible from each level of the home with views of the beautiful backlit oak trees and the local wildlife. The oversized garage will house your lake toys and will accommodate parking a 24 ft. boat. The manager has listed the unit size as 2096 square feet.
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| Nov 28, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017