LOT 3 RIDGEVIEW ROAD
About This Property
Welcome to Lot 3 Ridgeview Road-a beautiful 2.45-acre parcel nestled in the peaceful Ridgeview Estates community. This gently rolling lot offers the perfect mix of open space and wooded privacy, ideal for building your custom home or weekend getaway.
Approved for a 3-bedroom alternative septic system (perc complete)
No HOA – Enjoy the freedom to create your vision without extra restrictions
Paved, state-maintained road frontage for easy year-round access
Located just 15 minutes from Winchester via Route 50 or Route 522
Peaceful rural setting with neighboring upscale homes
Whether you're ready to build now or planning for the future, this property combines privacy, convenience, and value. Bring your builder and make it yours!. Need a builder recommendation? We can provide local builders as well! Sign on property - property has been marked as well.
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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 |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jun 29, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Price Decreased |
$105,000
↓ $10K
(8.7%) | |
| Price Decreased | |||
| May 10, 2025 | Listed by RE/MAX Roots | $115,000 | |
| Listed by RE/MAX Roots | |||
| Jun 17, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017