31875 Ridge Way
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 7, 2019 | Sold | ||
| Sold | |||
| Feb 28, 2019 | Listed by Mtn. Top Producers Realty | $184,500 | |
| Listed by Mtn. Top Producers Realty | |||
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With a full price offer Seller will pay $4000 of buyers closing costs!Adorable Single Level Home close to the Running Springs Village located on a Cul-de-Sac. Improved 996sq ft 2 Bedroom and 1 Bath, Inside Laundry, Walk In closets, Great inside Storage and Wood Stove Fireplace. Beautifully Updated Kitchen with White Shaker Cabinets and Counter tops. Newer flooring throughout! Storage Shed , Workshop, Fenced Yard and RV parking! Don't miss this Cutie!
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Property Highlights
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About Running Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017