36342 RIDGESHORE LN
About This Property
This community is just 4 miles from the beach and boardwalk, with restaurants, grocery stores, shopping areas and more, adding to a stress-free daily life.
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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 |
---|---|---|---|
Mar 11, 2025 | Price Decreased |
$420,000
↓ $10K
(2.3%) | |
Price Decreased | |||
Feb 5, 2025 | Listed by RE/MAX Advantage Realty | $430,000 | |
Listed by RE/MAX Advantage Realty | |||
Mar 8, 2019 | Sold to John F Kelly | ||
Sold to John F Kelly |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/25/2018
| |
3 Bed
|
3 Bath
|
-
|
$268,900
3 Bed
3 Bath
|
$268,500
-0.15%
03/08/2019
|
Todd Vickers
|
Building Info
- 1 Unit for Sale
