259 Ridge View Drive #A
About This Property
The manager has listed the unit size as 1232 square feet.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 15, 2023 | No longer available | - | |
| No longer available | |||
| Nov 9, 2023 | Listed | $380,000 | |
| Listed | |||
| | |||
|
OPEN HOUSE - Sunday 11/12 2:30pm - 3:30pm. WALKING DISTANCE to Downtown Boone and Appalachian State University! Situated at the end of the building, this unit has 2 bedrooms, 2.5 bathrooms and a one car attached garage. Enter through the front door or the garage and you are greeted with a foyer and storage. Take the stairs to the main level, to meet the open living and dining area with a gas fireplace. The kitchen is separate with stainless steel appliances, updated backsplash, pantry, and cut out to see the living room. Off the living room is the back deck through french doors that open to the communal yard. Another deck off the front of the house offers Mountain Views and views of the Appalachian State University campus! Upstairs you will find the stackable laundry and two bedrooms. The Primary Suite has Mountain views and an on suite bathroom. The other bedroom also offers its own full bath. You will not want to miss this investment opportunity! Rent to a student, a professor, or have a place to stay when you come visit! The manager has listed the unit size as 1364 square feet.
| |||
| Jul 29, 2021 | No longer available | - | |
| No longer available | |||
| Jul 27, 2021 | Listed | $289,900 | |
| Listed | |||
| Jun 17, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/09/2023
|
2 Bed
|
2.5 Bath
|
1364 ft²
|
$380,000
2 Bed
2.5 Bath
1364 ft²
|
-
-
|
Brandon Walker
Keller Williams High Country
| |
|
03/09/2022
|
2 Bed
|
3 Bath
|
1232 ft²
|
$285,000
2 Bed
3 Bath
1232 ft²
|
-
-
|
Brandon Freyer
Keller Williams - Lake Norman - Cornelius
| |
|
07/27/2021
|
2 Bed
|
3 Bath
|
1232 ft²
|
$289,900
2 Bed
3 Bath
1232 ft²
|
-
-
|
Brandon Freyer
Keller Williams - Lake Norman - Cornelius
| |
|
05/21/2019
|
2 Bed
|
3 Bath
|
1232 ft²
|
$199,900
2 Bed
3 Bath
1232 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017