29435 Ridge Clearing Trail
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 |
|---|---|---|---|
| Jun 8, 2021 | Sold | ||
| Sold | |||
| Apr 22, 2021 | Listed by Rick Lamar Real Estate, LLC | $295,000 | |
| Listed by Rick Lamar Real Estate, LLC | |||
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Beautiful large home with room for your family to grow. Enjoy your coffee in the front porch or grill in your back covered patio. Large backyard to enjoy with your children and family gatherings. You will find the game room and 5 bedrooms upstairs, one with an en-suite bath. Only refrigerator conveys.
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017