31 Indian 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%.
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 18, 2013 | Sold | ||
| Sold | |||
| May 3, 2013 | Listed by William Raveis R.E. & Home Services | $850,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Sep 10, 2012 | Sold | ||
| Sold | |||
| Aug 8, 2011 | Listed by William Raveis R.E. & Home Services | $369,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Bank Owned. Property being sold in "as is" condition. All offers are contingent upon receipt of a fully executed and mutually acceptable P&S agreement, including all of sellers addendums. The acceptance of good faith monies in escrow without an executed sales agreement does not bind the seller.
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| Aug 26, 2010 | Listed by William Raveis R.E. & Home Services | $629,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Large raised ranch abutting Charles River. Some addititons to property over the years. Some TLC needed. Property has direct walk to the Charles River, see the wood ducks before they fly south. a good clearing of the landback to it orginal landscape design and some finishing touches tothe inside well show the true value of this home
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