2218 Rolling Ridge Lane
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 |
|---|---|---|---|
| Aug 15, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by @properties Christie's International Real Estate | $315,000 | |
| Listed by @properties Christie's International Real Estate | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 1, 2020 | In contract | - | |
| In contract | |||
| Jun 26, 2020 | Listed | $169,900 | |
| Listed | |||
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Attention Investors and Flippers. Property has great bones and is in a wonderful neighborhood. Newer siding, gutters and some windows. Interior needs updating and work. Carpeting has been removed so part of the work has been done. Property is being sold as is and no repairs will be made. Terrific price to put some sweat equity in and make it home. The manager has listed the unit size as 2114 square feet.
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About Lindenhurst
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017