2506 River Ridge
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 |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Feb 26, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 17, 2026 | Listed by Real Properties | $235,000 | |
| Listed by Real Properties | |||
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Step into a home that feels—and functions—like brand-new construction. This stunning, fully renovated residence features new tile flooring and fresh paint throughout, creating a seamless, modern flow. The heart of the home is the designer kitchen, complete with new cabinetry, stone countertops, a stylish backsplash, and a full suite of brand-new appliances. Both bathrooms have been transformed into spa-like retreats with custom tile showers, upgraded vanities, and contemporary fixtures. The beauty of this home goes far beyond the surface. Enjoy ultimate peace of mind with a brand-new roof, energy-efficient windows, new PEX plumbing, and a fully updated electrical system (including box and wiring). A new water heater ensures efficiency for years to come. Situated on an expansive lot, the fully fenced backyard offers a massive private sanctuary perfect for gardening, entertaining, or play.
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| Nov 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017