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2847 Ridge
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 9, 2023 | Sold | ||
| Sold | |||
| Apr 27, 2023 | Listed | $1,475,000 | |
| Listed | |||
| Jul 15, 2022 | Listed | $1,589,000 | |
| Listed | |||
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Lose yourself in this enchanting custom-built 4 bed / 5 bath / ~5,900 sqft log & timber frame home inspired by traditional Swiss Alps chalets. Approach the grand entry via a flagstone stairway surrounded by aspen, pine & beds of wildflowers. Upon entering, a generous foyer with ceilings extending to the 3rd floor welcomes you. Open floor plan main level includes a well appointed kitchen, family room, living room, & sunroom with floor to ceiling windows & skylights. Retreat to your 2nd floor master suite with fireplace, jetted tub & loft sitting area or spread out in a large family room on the 3rd floor with views of the Indian Peaks. A partially finished walkout basement has unlimited potential. Every room has been designed to create bright & open spaces with exposed beams & details throughout. Outside a variety of flagstone patios & decks offer options for relaxing or entertaining. Easy access to Eldora, USFS, hiking & biking trails.
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| Feb 25, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017