3478 Cinnamon Ridge Rd
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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | Listed by Valley Realty | $2,179,000 | |
| Listed by Valley Realty | |||
| Oct 25, 2023 | No longer available | - | |
| No longer available | |||
| Oct 13, 2023 | Listed by Valley Realty | $2,119,000 | |
| Listed by Valley Realty | |||
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Stunning 4bd/4.5ba and 2 covered balconies SFH located in the desirable Gale Ranch neighborhood. The open floor plan concept offers a spacious living & dining room & kitchen combination w/tile floors. The beautifully appointed chef's kitchen offers large center island w/breakfast bar & prep sink, SS appliances & walk-in pantry. One bedroom suite w/sitting area and one bathroom at the 1st floor. The 2nd floor features the primary suite w/ceiling fan, walk-in closet, dual vanities, spacious shower, separate tub. Enjoy two additional bedrooms both w/ensuite bathrooms and the huge loft upstairs. The upstairs covered balcony opens to the green belt. Tesla home EV charger in the 2-car finished garage. Walking distance to top-rated SRVUSD schools, multiple parks, walking trails, community center, pool and etc. The manager has listed the unit size as 3006 square feet.
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| Oct 12, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017