277 RIDGELINE Drive
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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 |
|---|---|---|---|
| Dec 5, 2013 | Sold | ||
| Sold | |||
| Mar 24, 2013 | Listed by TOLL BROTHERS REAL ESTATE INC. AR | $675,000 | |
| Listed by TOLL BROTHERS REAL ESTATE INC. AR | |||
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GORGEOUS COLUMBIA SAVANNAH - TOLL BROTHERS AWARD WINNING DESIGN!! ELEGANT FOYER LEADS TO LR & DR FEATURING CROWN & CHAIR MOULDINGS. GOURMET GRANITE KITCHEN OPENS TO VAULTED FAMILY ROOM W/BRICK FP. STUNNING SUNROOM. SUMPTUOS MBR SUITE INCLUDES DEN, ROOM SIZED WIC & LAVISH BATH. FINISHED WALKOUT BASEMENT. OME BORDERS CONSERVATION LAND. LOCATED IN ESTABLISHED FAMILY COMMUNITY,Basement:Interior Access,ExteriorFeatures:Outside Lighting,Landscaped,Level 2 Desc:MBR SUITE W/MBTH, THREE SECONDARY BR'S WITH FAMILY BTH,InteriorFeatures:Gas Stove Connection,Walk-In Closets,Washer Connection,French Doors,ROOF:Asphalt Shingles,AboveGrade:4050,FLOORING:Tile,Wood,Cooling:Zoned,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,Heating:Gas,Zoned,OTHERROOMS:Breakfast Nook,Pantry,Foyer,Library/Study,Family Room,Laundry/Util. Room,Formal Dining Room,Unfinished Square Feet:400,Level 1 Desc:FOYER, DR, LR, LIBRARY, KITCH / BREAKFAST, FAM RM, POWDER,Below Grnd Sq Feet:450,Warranty:Yes,FOUNDATION:Concrete
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