378 RIDGEWAY Road
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 |
|---|---|---|---|
| May 28, 2021 | Sold | ||
| Sold | |||
| Feb 11, 2021 | Listed by NON MLS (realMLS) | $800,637 | |
| Listed by NON MLS (realMLS) | |||
| Mar 23, 2020 | Sold | ||
| Sold | |||
| Jun 30, 2019 | Listed by NON MLS (realMLS) | $229,900 | |
| Listed by NON MLS (realMLS) | |||
| Nov 7, 2018 | Listed by PALMERHOUSE PROPERTIES | $244,900 | |
| Listed by PALMERHOUSE PROPERTIES | |||
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Ocean Ridge is a community of 72 homes set amongst beautiful oak canopied roads and just a few short blocks to the non driving beach at the end of 11th St. Walk or bike to the great restaurants and shops along A1A. Very low HOA fees in this McGarvey Residential development make it a great choice to build your dream beach home or hold the lot for later. Get in on the ground floor of this new neighborhood at the beach! Lot financing available through sellers preferred lender.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017