26 Ridge Rd
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 4, 2015 | Sold | ||
| Sold | |||
| Jul 15, 2015 | Listed by Advisors Living - Andover | $249,900 | |
| Listed by Advisors Living - Andover | |||
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Charming Story book Cape style home lovingly maintained in desirable East Methuen neighborhood. The bright and sunny interior has so many great features such as gleaming hardwood floors, brick fireplace, charming china cabinet, 2 zone central air plus natural gas baseboard heat. Living room and Dining room are open to each other. There are two bedrooms on the first floor and two on the second floor with a bathroom on each floor. The basement is clean and has a 3/4 bath--perfect for finishing. Irrigation system for the lawn and a security system. Recent roof, replacement windows. Relax out on the large composite deck. Vinyl siding with brick entry and attached one car garage. This location is perfect for shopping and commuting.....Minutes to the Loop and route 495.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017