2703 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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by RE/MAX Choice | $334,900 | |
| Listed by RE/MAX Choice | |||
| Jul 30, 2017 | Listed | $192,000 | |
| Listed | |||
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Fantastic value in Williamsburg Subdivision. 3 Bedroom 2.5 Bath Two Story home with tons of interior updates! Brand new kitchen with quartz counters, tile flooring, Stainless appliances, island with breakfast bar, and all new cabinets. Crown molding throughout much of first floor with new paint and carpet. Huge gas fireplace in Family room with floor to ceiling brick surround. Main floor laundry. Large master suite and bath with double sink and granite countertops, skylight, tiled shower with rainshower head. Huge 4+ car heated garage! Furnace new in '14. water heater in '15. Large fenced backyard!The manager has listed the unit size as 3005 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017