22 Ridgewood Crossing #22
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%.
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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.
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 |
|---|---|---|---|
| Jul 24, 2014 | Sold | ||
| Sold | |||
| Aug 2, 2013 | Listed by Coldwell Banker Realty - Hingham | $659,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
| Oct 27, 2009 | Listed by Home Center Sotheby's International Realty | $789,900 | |
| Listed by Home Center Sotheby's International Realty | |||
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Ridgewood Crossing's Derby offers one story of living with 2,400 sq.ft. Centrally located the property is situated on 39 wooded acres w/31 single family style condo homes. 90% have been sold with 3 still available. The home offers a covered entry, rear deck, 2-car attached garage, first floor master suite, gourmet kitchen, great room w/gas fireplace, laundry, guest room, hardwood & tile floors, a full basement. Prefer a different style? Choose from 6!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/02/2013
|
2 Bed
|
3 Bath
|
1900 ft²
|
$659,000
2 Bed
3 Bath
1900 ft²
|
$659,000
07/24/2014
|
Candy Heath
Coldwell Banker Realty - Hingham
| |
|
10/27/2009
|
2 Bed
|
2 Bath
|
2400 ft²
|
$789,900
2 Bed
2 Bath
2400 ft²
|
-
-
|
Gail Petersen Bell
Home Center Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017