25
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237 Crescent Ridge Drive
About This Property
Calling all investors, flippers, and buyers looking for their next project! This property offers an excellent opportunity to add value and make it your own. In need of cosmetic repairs and updates, this home is ideal for buyers ready to bring their vision, creativity, and renovation ideas to life. Whether you're looking to renovate and resell, add to your rental portfolio, or customize a home to your own taste, this property offers plenty of potential. Don't miss your chance to transform this investment opportunity into something special. Schedule your showing today and explore the possibilities!
Property sold as-is.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 5, 2026 | Price Decreased |
$219,900
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Oct 22, 2026 | Listed by REKonnection, LLC | $229,900 | |
| Listed by REKonnection, LLC | |||
| Feb 22, 2026 | No longer available | - | |
| No longer available | |||
| Feb 15, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Price Decreased |
$234,000
↓ $2K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017