2979 N Ridgeway Avenue
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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%.
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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 |
|---|---|---|---|
| Aug 1, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | Listed by Jameson Sotheby's Int'l Realty | $999,000 | |
| Listed by Jameson Sotheby's Int'l Realty | |||
| Feb 22, 2019 | No longer available | - | |
| No longer available | |||
| Nov 13, 2018 | Price Decreased |
$769,900
↓ $30K
(3.8%) | |
| Price Decreased | |||
| Oct 5, 2018 | Listed | $799,900 | |
| Listed | |||
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Spectacular new home, with grace, charm, and sophistication! You will notice the attention to detail to the design of the home. This home features 3 levels of living space, modern finishes, and lots of natural sunlight from wall to wall high windows. The large kitchen has an open layout with top to bottom cabinets, and large island with 3" edging. Family room features custom entertainment system. Beautiful master suite bathroom with large shower and heated floors. Guest bath has a double sink bowl and heated floors. Custom natural wood-burning fireplace. Main floor has 10 ft ceilings and 8 ft doors. Basement has 9 ft ceilings and heated floors for the cold winter months. Stained hardwood floors throughout, lots of closets, additional laundry room on 2nd floor. Custom built 2.5 car garage with smart bluetooth and storage on top. And to finish it off, lovely landscaping with pavers for the grill! Come and look before it's gone! The manager has listed the unit size as 3125 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017