3038 North Ridge Rd.
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%.
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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 |
|---|---|---|---|
| Jun 20, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2023 | Listed by RE/MAX All Seasons Realty | $359,000 | |
| Listed by RE/MAX All Seasons Realty | |||
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Here is a beautiful 1850's farmhouse that has been tastefully renovated yet retains the period features and gives you a very warm feeling. As you enter the mudroom/office, you will feel the warmth of the wood cookstove in the kitchen on the cold winter days. The eat-in kitchen is ample size for most families. Off the living room you'll find the full bath and separate laundry. The first floor offers the primary bedroom and full bath. On the second floor you will find 2 bed rooms and a sitting area. The 2 car garage is directly entered from the mud room for convenience. The 41 acres offer a mix of hard and softwood with enough Maples for hobby bush and all the firewood you will need. The house is well insulated and very efficient with propane and wood heat. With the owned solar panels, your electric will run under $10.00 a month! This one won't last long!
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| Jun 26, 2015 | Sold | ||
| Sold | |||
| May 30, 2014 | Listed by RE/MAX All Seasons Realty | $199,000 | |
| Listed by RE/MAX All Seasons Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017