312 Ridgewood Drive
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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 8, 2021 | Sold | ||
| Sold | |||
| Apr 10, 2021 | Listed by WILLIAM DAVIS REALTY | $529,000 | |
| Listed by WILLIAM DAVIS REALTY | |||
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Quality design and construction in a well-planned community. Formal living room features mosaic fireplace with gas logs. Decorative cabinets and exhaust mantel in the Kitchen. Granite counter tops with a large island for extra storage. Master bedroom is downstairs and adjoins the master bath with dual sinks, separate shower, walk-in closet and garden tub. A 2nd master bedroom upstairs joins two smaller bedrooms and 2 baths. The staircase opens into a large game room and joins by a separate media room complete with screen and projector. The covered patio in the back features a defined garden area which borders a green belt on the other side of the wooden fence. A fountained pond is part of the community.
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About Coppell Greens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017