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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 17, 2026 | Sold | ||
| Sold | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by LARU BEYA REAL ESTATE COMPANY INC | $199,000 | |
| Listed by LARU BEYA REAL ESTATE COMPANY INC | |||
| Sep 17, 2020 | No longer available | - | |
| No longer available | |||
| Aug 7, 2020 | Listed | $120,000 | |
| Listed | |||
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Turnkey manufactured home in Ridgewood Meadows. Great location with walking distance to public library, shopping and dinning. Enclosed garage with utility room. Screened entry and Fully enclosed Florida Room 22x14 with pond views. Spacious plan with open kitchen, two bedrooms, two full baths, separate dinning and living room with open kitchen. Home features vaulted ceilings, A/C replaced in last two years, roof in 2014, subflooring and carpeting all in the past few years. Ridgewood is a fun, active 55+ community with clubhouse, pool, tennis, shuffleboard, gated with security guard and more. Golf carts allowed. Enjoy the Florida Lifestyle. Vacant and easy to arrange a showing. The manager has listed the unit size as 1008 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017