2408 Briar Ridge Drive
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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 |
|---|---|---|---|
| Apr 28, 2022 | Sold | ||
| Sold | |||
| Mar 14, 2022 | Listed by Martha Turner Sotheby's | $625,000 | |
| Listed by Martha Turner Sotheby's | |||
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Beautiful home built by Lovett Homes in a gated community in Briar Grove Court. Home has hardwood floors downstairs. Abundant natural light from the large windows throughout dining room and living room containing a fireplace. Kitchen with attached breakfast room is open to both living room and dining room. Staircase leads you to master bedroom, two bedrooms and open upstairs den with built in shelving for entertainment center. Master bedroom with lots of natural light from large windows on South bedroom wall. Ample closets for storage. Large open third floor for game room with half bath. Oversized two car garage with ample storage. Elevator ready. Fenced in paved back patio and large side yard.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017