40
Map
2424 Richards 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 |
|---|---|---|---|
| Sep 25, 2026 | Listed by AG Real Estate & Associates | $669,000 | |
| Listed by AG Real Estate & Associates | |||
| Apr 7, 2023 | No longer available | - | |
| No longer available | |||
| Apr 2, 2023 | Listed by Coldwell Banker Apex, REALTORS | $614,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Hidden Gem in an idyllic neighborhood close to Ridgewood! This property features 4 bedrooms and 3 bathrooms, with a completely isolated primary bedroom for maximum privacy. The living room features floor to ceiling windows and a corner wood-burning fireplace. The living room can be easily divided into two spaces for a formal dining option, room for piano, or overflow sitting. There is an upper deck patio just off of the living area that is also great for entertaining and features a new Trex Deck material that was installed in 2022. Upstairs you'll be greeted by a bonus area perfect for a gameroom/office with a bedroom and bathroom for additional living. The kitchen was remodeled in 2021 and has a large island, pull out soft-close drawers in pantry cabinet, new matching appliances and breakfast area. Downstairs 2 car garage opens to an expansive driveway for extra parking. There is also a circle drive in the front. We love this corner lot covered in mature trees. The view from the living room is picturesque. Recent upgrades include new vinyl plank flooring in the living room, bedrooms and upstairs bonus area, 2 new hot water heaters, 2 new HVAC units, and a new roof in 2020. The manager has listed the unit size as 3141 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017