2623 RIDGEWOOD Road
About This Property
The layout includes a front office filled with natural light, a separate dining area, a spacious laundry room, and an attached 1-car garage. Situated on a generous lot, the property features an expansive backyard ideal for outdoor living, entertaining, or future possibilities.
Nestled in the heart of St. Nicholas, this neighborhood offers a warm community feel with easy access to local amenities, major roadways, schools, and nearby hotspots. A rare opportunity to enjoy timeless charm with modern peace of mind.
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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 |
|---|---|---|---|
| Dec 31, 2025 | Sold | ||
| Sold | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Listed by HERRON REAL ESTATE LLC | $240,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Feb 7, 2021 | Sold | ||
| Sold | |||
| Dec 7, 2020 | Listed by HERRON REAL ESTATE LLC | $200,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
Property Highlights
Building Info
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Price/ft²
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Sold On
About Southeast Jacksonville
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$750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017