348 Ridgemont Drive
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 |
|---|---|---|---|
| Dec 5, 2017 | Sold | ||
| Sold | |||
| Sep 14, 2017 | Listed by Stoltz Realty, Inc. | $142,500 | |
| Listed by Stoltz Realty, Inc. | |||
| Sep 10, 2003 | Sold | ||
| Sold | |||
| Jun 26, 2003 | Listed by Century 21 The Edge | $89,000 | |
| Listed by Century 21 The Edge | |||
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SEE FIRSTPRESTON.COM FOR INFO. ON LEAD PAINT NOTIFICATION, INSTRUCTIONS ON ELECTRONIC BIDDING, EARNEST MONEY, INFO. ON PROPERTY CONDITION FORM, ESCROW AMOUNT FOR REPAIRS IF APPLICABLE, IF FHA FINANCING IS AVAILABLE. SOLD ` AS IS`.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017