222 Lower Ridge 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%.
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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 |
|---|---|---|---|
| May 6, 2022 | Sold | ||
| Sold | |||
| Sep 30, 2021 | Listed by Listwithfreedom.com | $590,000 | |
| Listed by Listwithfreedom.com | |||
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Hardwood, ceramic and expoxy coated floors (basement & garage). 9’ high ceilings, central air conditioning and granite counter tops. Laundry room conveniently located on the first floor. This young three bedroom two bath home is move in ready, on its private 3.84 acre lot with rear abutting Brook you will be sure to find peace and quiet. The garage is 26x26 with 10.5’ ceilings with storage cabinets that stay and 9x9 overhead doors. The double door walk out basement leads out to the backyard with fire pit. Basement is prepped for a future bath and has high ceilings perfect for additional future finished space. In ground propane tank provides fuel for living room fire place, kitchen stove and the furnace. Exterior camera system is hardwired with local storage with NVR and remote live/recorded access. Fire sprinkler system. Updates since purchase: Three retaining walls and fire pit, 140 yards of loam and 40 yards fill for grading, 30 yards of 3/4” crushed granite for foundation perimeter, epoxy floors for garage and basement, septic tank access riser, NVR and HD POI camera installation, painting - master bed and bath, garage, living room, kitchen, basement, and front door. Garage storage cabinet system. Radon mitigation. Front window shutters. 60’ Rear gutter installation and down spout run out away from house for front and rear gutters. Master bathroom glass shower door and exhaust /bluetooth speaker. To be sold fully furnished. Washer/Dryer, Furniture and TVs
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| Sep 26, 2019 | Sold | ||
| Sold | |||
| Jun 28, 2019 | Listed by Derek Greene | $365,000 | |
| Listed by Derek Greene | |||
| Oct 5, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017