264 Ridge Road
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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | In contract | - | |
| In contract | |||
| Feb 18, 2024 | Listed by BHHS Hudson Valley Properties | $529,000 | |
| Listed by BHHS Hudson Valley Properties | |||
| | |||
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Great location and a spacious home with an open first floor layout with a beautiful Gourmet Kitchen equipped with double ovens, under cabinet and recessed lighting and a large pantry. There is a spacious eating area. The family room has a cozy stone fireplace with a new woodstove insert. There is a SGD leading to a deck with beautiful views. There is a lot of natural light in the home. There is a formal dining room for entertaining. Upstairs are 4 bedrooms, master bedroom with en suite, and a full bath. The basement has a laundry area and a half bath. Finishing the basement would provide wonderful extra living space and there is access to the beautiful backyard. The roof is 9 years old. There is an EV charging station in the garage. There is a shed for storage. The home was converted to propane for heat. Near local farms, vineyards, hiking and train service.
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| Jan 18, 2023 | Sold | ||
| Sold | |||
| Aug 6, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017