2913 Eagle Ridge Way
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 21, 2022 | No longer available | - | |
| No longer available | |||
| Nov 18, 2022 | In contract | - | |
| In contract | |||
| Sep 23, 2022 | Listed by Summit Real Estate | $550,000 | |
| Listed by Summit Real Estate | |||
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PRIME LOCATION! This beautiful 2 bedroom, 2 bath log cabin is situated in Eagles Ridge Resort and is located 1.5 miles to all the action and overlooking the resort swimming pool and clubhouse is being for sale. Two level log cabin with vinyl plank wood flooring and carpeting offers a master bedroom with a Queen Bed and Bedside Jacuzzi and a King Bed on the lower level. Spacious Vaulted Ceilings in the living room with large peak windows for natural light and ceiling fans. It comes fully furnished with all electronics including appliances, refrigerator, washer/dryer, and gas grill. There are covered decks on the front and back of the cabin with the hot tub housed in a covered screened area with privacy louvers. An uncovered portion of back deck houses the gas grill and patio set. Turn key opportunity or bring your own personal touches. Currently, the cabin has over $54K in gross rental revenues on the books for 2022 and did over $71K in gross rental revenues for 2021. Cabin is well established with a strong repeat clientele. The manager has listed the unit size as 1536 square feet.
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| Sep 15, 2022 | No longer available | - | |
| No longer available | |||
| Sep 10, 2022 | Relisted | $550,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017