32 Ridge Road
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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 |
|---|---|---|---|
| May 5, 2022 | Sold | ||
| Sold | |||
| Mar 7, 2022 | Listed by O'Brien Realty, LLC | $1,175,000 | |
| Listed by O'Brien Realty, LLC | |||
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This is a coming soon and showings start Friday 3/11/2022. RUMSON FRENCH FARMHOUSE is one of a kind and a MUST SEE! This entire home has been extensively renovated by the current owners (done by Merrick Builders). The home welcomes you with an Ipe hardwood front porch and a front door nestled between 2 sets of traditional french doors all custom built by Simpson Door Co. Inside you enter the dining room with a shiplapped ceiling and vintage Paris flea market chandelier. The living room features custom built-ins and a gas fireplace. In the center of the home sits an old world European inspired kitchen (done by Devol Kitchens) fitted with a Lacanche range imported from France, floor to ceiling honed carrara marble subway tile, carrara countertops and open carrara shelving. Truly stunning! The redesigned first floor layout also includes a custom-built mudroom off rear entrance and full bath. Both full baths in the home feature radiant heated marble tiled floors, marble wash stands and full bathtubs. 3 bedrooms and the additional full bath upstairs. Out back you will find a beautifully manicured landscape (designed by Alan Tufts of Siciliano Landscapes) with cedar nantucket fence, new bluestone patio and in-ground sprinkler system. The yard and plants are maintained and warrantied by Siciliano Landscape. Down the oil and stone driveway, custom built carriage house doors open to a just completed year-round garage space with beautifully finished shiplap interior. Wired for high speed internet, a brand new 65" smart tv and soundbar, the space is perfect as an additional family room and/or home office. An attached cedar shake shed in the back offers outdoor storage. The home, including the shed, is wired with high speed internet cables and integrated with Google smart home products, including Nest mesh wifi, doorbells, smoke detectors, thermostats and exterior security cameras. Brand new white oak floors throughout, new 2-zone central air system and freshened up with an interior repaint using farrow and ball paint colors. The new homeowner here will have nothing to do but move in!!
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| May 7, 2019 | Sold | ||
| Sold | |||
| Mar 5, 2019 | Listed by Heritage House Sotheby's International Realty | $575,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
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About Rumson - Fair Haven
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017