24 Ridgeview Drive
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 19, 2018 | Sold | ||
| Sold | |||
| Aug 16, 2018 | Listed by Kinlin Grover Compass | $614,900 | |
| Listed by Kinlin Grover Compass | |||
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You're going to love this beautifully renovated cape style home with Ocean views located in West Falmouth near Old Silver beach and Shining Sea bikeway. This home features Gourmet Kitchen with island, wine cooler, granite countertops and stainless appliances that leads into fireplaced livingroom, Dining room with vaulted ceiling and lower level with 1 car garage and room for expansion. The Master suite boasts 2 closets, full bath with double vanity and tiled shower. Plus Master suite balcony with Ocean views including Cleveland Ledge Lighthouse. 2X6 construction, Central AC and hardwood floors. Don't Miss it!
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| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 7, 2018 | Listed by Cape Cod Real Estate Group | $689,000 | |
| Listed by Cape Cod Real Estate Group | |||
| Mar 13, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017