35
Map
337 Ledge Drive #337
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 9, 2026 | Listed by Oxford Realty | $275,000 | |
| Listed by Oxford Realty | |||
| |||
|
Welcome to resort-style living at Lakeridge! This spacious end-unit condominium offers 2 bedrooms, 2 full bathrooms, and a bonus room that provides the option for a home office, den, hobby room, or guest space. It's the perfect blend of comfort, options, and privacy. Inside, you'll find an inviting open living space featuring a beautiful brand-new gas fireplace, creating the perfect gathering spot year-round. The kitchen is equipped with stainless steel appliances. One of this home's most impressive features is the abundance of storage-far more than you'll typically find in a condominium. Step outside to your extended private deck, a sought-after feature that not all Lakeridge units offer, providing additional outdoor living space to relax, entertain, or enjoy the peaceful wooded surroundings. Located within the gated Lakeridge community, residents enjoy an exceptional lifestyle with amazing amenities including two pools, numerous sports courts, a pro tennis shop, a fitness center, two lodges, walking and hiking trails, skiing, kayaking, horseback riding, playgrounds, and year-round social activities. Enjoy maintenance-free living surrounded by the natural beauty of Northwest Connecticut, just minutes from shopping, restaurants, and everyday conveniences. Don't miss this rare opportunity to own an end-unit with exceptional storage, expanded outdoor space, and access to one of Torrington's most desirable communities.
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| Jun 12, 2026 | Price Decreased |
$199,900
↓ $40K
(16.7%) | |
| Price Decreased | |||
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by Carbutti & Co., Realtors | $199,900 | |
| Listed by Carbutti & Co., Realtors | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/06/2024
|
2 Bed
|
2 Bath
|
-
|
$199,900
2 Bed
2 Bath
|
$240,000
+20.06%
04/24/2024
|
Christopher Farrell
Carbutti & Co., Realtors
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017