37
Map
337 Ledge Drive #337
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 | |||
| 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 | |||
| |||
|
Discover the essence of resort-style living at 337 Ledge Drive in the desirable Lake Ridge community, Torrington. This 2-bedroom, 2-bath condo spans 1,612 sq ft, boasting updates that blend modern comfort with serene living. The newly remodeled kitchen features modern appliances and ample storage, complemented by fresh paint and new flooring all throughout the main level. The comfort is enriched by a refaced wood-burning fireplace in the living room, and a separate propane stove close to where you dine. Convenience is offered with a first-floor bedroom & full bathroom, while the spacious loft above provides the potential for a third bedroom or closed off additional living space. The primary bedroom suite delights with vaulted ceilings, a serene nook, perfect for overlooking nature, a separate dressing area, and a private full bath. The LakeRidge Community isn't just a place to live; it's a lifestyle. This secure, "resort-style" community offers a manned security gate upon entrance, skiing, indoor/outdoor pools, a fitness center, horse trails/stables, private lake access, and much more, ensuring a vibrant and active lifestyle! Whether you're seeking adventure or tranquility, 337 Ledge Drive offers a unique blend of both. Experience the comfort of modern living within a community that feels like a year-round vacation. Make this inviting space your new home and embrace a life of leisure and luxury at LakeRidge.
| |||
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