376 N Ridgewood AVENUE
About This Property
The inside of the home is full of Florida character and charm with vaulted ceilings throughout to add to the already spacious feel of the home. Walk right in your front door to an open concept living/dining/kitchen combo. Beyond the living space is the brick-surround, naturally lit Florida room overlooking the pool and backyard that would make a lovely studio or office. The back yard is private from the neighbors, bamboo-lined, fully fenced and has had many years of mature, beautiful growth to make for an awesome tropical oasis. Between the home and the pool is a large, screened patio perfect for gatherings and equipped with a large storage closet. Both bedrooms are large, have vaulted ceilings, and ample storage space in each closet. This home was unaffected by Hurricane Ian with no flooding or damage and is not located in a designated flood zone.
All information is intended to be accurate but cannot be guaranteed.
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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 |
|---|---|---|---|
| Aug 22, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by ADAMS, CAMERON & CO., REALTORS | $435,000 | |
| Listed by ADAMS, CAMERON & CO., REALTORS | |||
| Feb 1, 2023 | Sold | ||
| Sold | |||
| Oct 6, 2022 | Listed by ADAMS, CAMERON & CO., REALTORS | $275,000 | |
| Listed by ADAMS, CAMERON & CO., REALTORS | |||
| Sep 29, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017