270 Blue Ridge Drive
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | Listed by Coldwell Banker Realty | $550,000 | |
| Listed by Coldwell Banker Realty | |||
| Mar 16, 2024 | No longer available | - | |
| No longer available | |||
| Oct 27, 2023 | Listed by eXp Realty of California, Inc. | $585,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Talk to your agent about the possibility of a significantly lower interest rate due to the current loan being assumable. This property offers the perfect blend of privacy & convenience. Step onto either of the TWO spacious porches, where every day feels like an escape to the great outdoors. On cooler evenings, gather by the cozy wood fireplace. With exposed metal beams it adds a modern touch to the rustic charm. Inside, stainless steel appliances grace the kitchen, and an open floor plan seamlessly connects your living space to the lush surroundings. The added bonus of a closed garage allows you to tailor it to your needs offering endless storage. Just minutes away, you'll find the Sawmill restaurant and Garrahan Park with its playground, offering family-friendly fun. And, when city life beckons, vibrant Los Gatos is less than an hour's drive away, providing a plethora of shopping, gyms, and diverse dining experiences. This unique opportunity to live amidst nature is waiting for you! The manager has listed the unit size as 564 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017