2428 Ridge Road
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 |
|---|---|---|---|
| Aug 18, 2020 | Sold | ||
| Sold | |||
| Jun 28, 2020 | Listed by Berkshire Hathaway HomeServices California Properties | $199,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Welcome to the Mountains. A very special mountain cabin with two beds/1- 1/2 bath. Turnkey: Tastefully appointed with a decorator's eye towards detail. Remodeled with new, flooring, hardware, light fixtures, carpet, fireplace, doors, & cabinets. Warm and cozy with an amazing fireplace. Extra bonus of a balcony to enjoy the woodsey view. Create special memories, in this mountain retreat. Close to the quaint town of Running Springs and just a few miles to the snow park & tubing area. Big Bear is approx. 17 miles away, with skiing, snowboarding, and a mountain lake, that is perfect for boating. Hiking trails abound, something for everybody. Original owners have had this home for many years, and you can feel the love and pride of ownership. Bring your buyers, you will not be disappointed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017