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31 Ridgecrest Road
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 |
|---|---|---|---|
| Sep 15, 2026 | Listed by Houlihan Lawrence Inc. | $99,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Jun 4, 2026 | No longer available | - | |
| No longer available | |||
| Dec 3, 2025 | Listed by Houlihan Lawrence Inc. | $99,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Set on over 2 acres, this exceptional building lot offers sun-drenched westerly exposure, postcard-worthy sunset views, and coveted access to Lake Peekskill. The parcel has already been cleared, providing a seamless start for construction and an advantageous layout for solar panels. With preserved land directly next door, you'll enjoy enduring privacy and a peaceful natural setting. Convenient to the Peekskill trains station, close to shopping on Rte 6 and close to the Taconic State Parkway, the location is ideal.
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| Apr 19, 2022 | Sold | ||
| Sold | |||
| Nov 24, 2021 | Sold | ||
| Sold | |||
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About Putnam
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017