40
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24 Ridge Rd
About This Property
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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 |
|---|---|---|---|
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Listed by Cuoco & Co. Real Estate | $699,000 | |
| Listed by Cuoco & Co. Real Estate | |||
| Dec 5, 2024 | No longer available | - | |
| No longer available | |||
| Sep 4, 2024 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $99,900 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Don't miss out on this incredible opportunity to create your ideal sanctuary on this stunning 1.45-acre lot nestled in the charming town of Hampden! With its serene country views and peaceful atmosphere, this property is perfect for those seeking a tranquil lifestyle while still being part of a beautiful established neighborhood. The groundwork has already been laid for you: the well is installed, the lot is cleared, and a septic design for a 4-bedroom home is ready to go. Plus, there's an existing building design to inspire your vision! All you need to do is bring your ideas and creativity to make your dream home a reality.
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| Mar 2, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017