25742 RIDGE RD
About This Property
Forget the cookie-cutter homes in an HOA. This stunning ranch-style home offers over 3,600 sq ft of finished space, with more than 2,000 sq ft on the main level. Situated on over 4 acres of private land, this property combines luxury, space, and tranquility.
Key Features:
Spacious Layout: Enjoy a roomy main level featuring 2 bedrooms, including a breathtaking master suite. The finished walk-out basement adds 2 more large bedrooms and a full bath, providing ample living space and privacy.
Modern Amenities: The two full baths upstairs are newly renovated, each equipped with dual vanities. The home boasts a newer roof and well, along with numerous updates throughout.
Outdoor Living: A huge deck spans the back of the house, perfect for entertaining or relaxing while taking in the beautiful views.
Abundant Storage: Plenty of storage space is available in the finished walk-out basement, ensuring you have room for everything.
Versatile Land Use: With 3 acres of tree preservation behind you, this property is perfect for a home business, small farmette for chickens, goats, or a few horses. The options are endless!
Prime Location:
Feel tucked away in your private oasis while still being close to everything Damascus has to offer. Part of the historic Old Rice Tree Farm, this home provides a perfect balance of seclusion and convenience.
Don't miss this unique opportunity to own a custom ranch-style home with endless possibilities.
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Cap Rate Calculator
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 30, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Relisted | $750,000 | |
| Relisted | |||
| Jul 14, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Price Decreased |
$750,000
↓ $50K
(6.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017