2725 Ridgegate
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 |
|---|---|---|---|
| Apr 27, 2018 | Sold | ||
| Sold | |||
| Jan 19, 2018 | Listed by Compass | $1,384,500 | |
| Listed by Compass | |||
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Luxurious Hillside Villa in the gated community of Ridgegate. Highly upgraded property boasts lovely hillside canyon views and lush landscaping. This elegant home features soaring ceilings, custom cabinetry, crown moldings throughout. Gourmet kitchen with granite countertops. Elegant master suite with steam shower,spa tube,2 large walk in closets & romantic balcony. 2 more bedrooms with walk in closets, 500' of x/storage. Grand view terrace with private bluff side therapy swimming pool + comm. pool & spa. Neighborhoods: Ridgegate Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: ,,GSL
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| Mar 7, 2014 | Sold | ||
| Sold | |||
| Feb 1, 2014 | Listed by Trisis Real Estate | $1,299,000 | |
| Listed by Trisis Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017