29 Ridgewood 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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Nov 22, 2023 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 2, 2023 | Listed by Sparks Real Estate | $479,900 | |
| Listed by Sparks Real Estate | |||
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This 1 owner colonial style home has sooo much to offer now & for the future! Come find out why the current owners made it home for 32 years! Lovingly & meticulously maintained and updated throughout the years to include: Breezeway entry room (perfect for office) and 2 car, insulated garage! The kitchen was renovated 10 years ago with custom crafted maple cabinetry, with matching built ins in dining room recently added! The 1st floor layout is spacious, with nice flow, yet versatile. Bathrooms renovated 2 years ago! The first floor bath offers laundry and is conducive to converting to 3/4 or full bath, if desired. Need more space? Walkout basement with 2 full size windows, already rough plumbed for full bath - this space is just Waiting to be finished!!! Enjoy the front farmer's porch, large deck, & huge backyard! Located on a small cul-de-sac, 2 minutes to Rte 2! Title V compliant! .Roof 6 years young, Boiler 11 years. Many more updates - this MUST be seen to be appreciated
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| Oct 25, 2023 | Price Decreased |
$479,900
↓ $10K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017