295 Ridge Lake Road
About This Property
This home could qualify for $65,000 in grant money that could be used for closing costs or to pay down the purchase price. This gorgeous home was recently refreshed with brand new granite countertops, new flooring luxury vinyl plank flooring, new Sherwin Williams paint, new faucets, new stainless steel stove, dishwasher and microwave. New Black Door Knobs, Updated Lighting. The large open living room has a built in brick fireplace. New hot water heater in 2025. 4th bedroom currently a formal dining room could be a great office, game room or playroom! Located on a large half acre lot, with large outdoor patio. Sellers will install a new roof at closing and the BUYER can choose the shingle color. This great house has NO HOA
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 10, 2026 | Sold | ||
| Sold | |||
| Jan 10, 2026 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Price Decreased |
$269,900
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Sep 10, 2025 | Listed by The Property Group 850 Inc | $274,900 | |
| Listed by The Property Group 850 Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017