2281 Baldy Ln
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 |
|---|---|---|---|
| Oct 22, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Aug 23, 2025 | Price Decreased |
$1,639,000
↓ $36K
(2.2%) | |
| Price Decreased | |||
| Aug 8, 2025 | Listed by Real Broker, LLC DBA Real | $1,675,000 | |
| Listed by Real Broker, LLC DBA Real | |||
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Welcome to 2281 Baldy Lane, a rare find on one of The Ridge at Hiwan's most coveted streets. Nestled on a quiet, no-through street and backing to a peaceful greenbelt with direct trail access, this beautifully remodeled 5-bedroom, 4-bathroom home sits on nearly one acre of flat, usable land. Inside, soaring vaulted ceilings, rich hardwood floors, and abundant natural light create a warm and inviting atmosphere. The heart of the home is a stunning custom kitchen with high end cabinetry, crown molding, stone countertops, and a charming built-in breakfast nook overlooking the treetops. An open-concept family room features a dual-sided fireplace, fresh paint and walls of windows framing the lush, private backyard. Upstairs, three spacious bedrooms share a designer bath and a convenient laundry area. The vaulted primary suite is a true retreat, complete with a stone fireplace, oversized windows, and a spa worthy bath featuring a soaking tub, seamless glass shower, and custom closets. A bonus room off the primary adds flexible space for a home office, nursery, or quiet reading area. The finished lower level offers even more living space with a guest bedroom, full bath, gym, game room, and ample storage. Outside, enjoy stone patios, professional landscaping, and the rare privacy of nearly an acre sized lot. Immaculate, move-in ready, and set in a prime Evergreen location this home is everything you've been waiting for. Schedule your private showing today!
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| May 3, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017