38 LOCUST RIDGE 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 |
|---|---|---|---|
| Jun 16, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2022 | Listed by Roohan Realty | $314,900 | |
| Listed by Roohan Realty | |||
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Beautiful 3 bedroom, 2.5 bath center hall colonial in Locust Ridge. Features include large living room with new carpet an gas fireplace, hardwood floors, tile floors in baths, crown molding, new vinyl wood-look floor in primary bedroom, large pantry and 2nd floor laundry room. Furnace and hot water heater replaced in 2020. Large fenced yard with wood deck, paver patio and shed. Family room in lower level with egress window. Quick closing possible.
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| Jun 2, 2020 | Sold | ||
| Sold | |||
| Apr 7, 2020 | Listed by Howard Hanna | $196,000 | |
| Listed by Howard Hanna | |||
| Oct 4, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017