2702 Ridgeglen Lane
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 |
|---|---|---|---|
| Jul 18, 2025 | Price Decreased |
$445,000
↓ $20K
(4.3%) | |
| Price Decreased | |||
| May 30, 2025 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| May 20, 2025 | Price Increased |
$475,000
↑ $10K
(2.2%) | |
| Price Increased | |||
| Apr 8, 2025 | Listed | $465,000 | |
| Listed | |||
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This home offers 5BR--one of the bedrooms has the flexibility to be used as an office, 3.5BTH, and luxurious primary bedroom on main floor. Additional bedrooms and massive game room located upstairs. Formal dining room provides the perfect setting for special occasions. Situated in an open cul-de-sac, this home features an ample backyard with new fence. Within minutes of major thoroughfares, shopping, and entertainment, this home combines comfort and accessibility in a sought-after location. Don’t miss the opportunity to make this stunning property your own – a perfect blend of style, functionality, and convenience awaits you. LOW TAX RATE 2.133
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| Feb 27, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017