23 Ridgeway Street
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 16, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | In contract | - | |
| In contract | |||
| Mar 31, 2023 | Listed by Coldwell Banker Home Connection | $379,900 | |
| Listed by Coldwell Banker Home Connection | |||
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OLDIE BUT A GOODIE. Country charm sums up this home that can easily be converted to a 3 bedroom. Located on a quiet street, minutes to the bay, public dock, bay beach and within walking distance to Downtown Barnegat. Heat and air are in great condition, both updated less than a year ago. Oversized family room with gas fireplace, overlooks the large backyard. Master bedroom on the first floor with bonus room. Second floor features one bedroom and playroom. Crawl space is nice and dry. Home also includes a small basement.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017