265 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 |
|---|---|---|---|
| May 3, 2021 | Sold | ||
| Sold | |||
| Jan 18, 2021 | Listed by Molyneux Realty | $489,000 | |
| Listed by Molyneux Realty | |||
| Jun 4, 2018 | Sold | ||
| Sold | |||
| Jun 29, 2016 | Listed by Molyneux Realty | $269,000 | |
| Listed by Molyneux Realty | |||
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A very unique property. Original center chimney, 2 bed room, colonial style home with wide board flooring and wonderful view from the early 80's. This gave way to another larger single family home at which time the first house became office, warehouse, storage space for a home based business. Current newer single family is energy efficient beautifully laid out with open floor plan. Large kitchen with Island and dining area off. There is a wonderful living room with large deck that looks east over the Hampshire Hills 3-4 upstairs bed rooms with full bath and laundry. Vaulted ceilings and great view. The basement is partially finished with tile floor and pool table. One 4.4 acre lot, great views, quiet location, Both structures need some work having been rented and neglected for a short term but are now in good shape and ready for the finishing touches. Rare opportunity where you really get 2 for LESS than the price of one. Come see for yourself
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017