3173 Ridgelake Way
About This Property
The main floor is designed for both everyday living and entertaining, offering a luxurious primary suite, formal dining area, private study or home office, and a sunlit breakfast nook. The chef's kitchen flows seamlessly into the living areas, creating the perfect space for gatherings. Upstairs, you'll find three spacious bedrooms, along with a game room and dedicated media room, ideal for entertainment and relaxation. A finished 150 sq ft walk-in storage room adds exceptional functionality and flexibility. The spa-inspired primary bath features a walk-in shower, while upgraded finishes throughout-including premium carpet and over $70K in upgrades-elevate the home's overall appeal.
Enjoy outdoor living with a covered patio, perfect for relaxing or hosting guests. Located near a highly rated STEM school, this home offers not just luxury, but also top-tier educational access, making it a rare and valuable opportunity. LOCATION. LAYOUT. LIFESTYLE. This home truly has it all-don't miss your chance to make it yours!
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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 1, 2026 | Sold | ||
| Sold | |||
| Jul 31, 2026 | In contract | - | |
| In contract | |||
| Jul 3, 2026 | Price Decreased |
$799,900
↓ $50K
(5.9%) | |
| Price Decreased | |||
| May 13, 2026 | Listed by Citiwide Alliance Realty | $850,000 | |
| Listed by Citiwide Alliance Realty | |||
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About Hebron
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017