34
Map
38 Ridgetop Drive
About This Property
The dramatic interior showcases soaring cathedral ceilings and a wall of windows that flood the living areas with natural light while framing the breathtaking forest views. The centerpiece of the open-concept living room is a magnificent floor-to-ceiling stone fireplace, providing both warmth and architectural interest. This distinctive home features hardwood floors throughout the main living areas, multiple decks perfect for outdoor enjoyment, and a thoughtful multi-level design that creates distinct living spaces while maintaining an open feel. The grand entryway welcomes you with an impressive high-ceilinged staircase that leads to the upper level, where you'll find the spacious primary bedroom with ensuite bathroom, dedicated vanity area, and generous walk-in closet. The lower level offers a flexible, completely separate living space with its own entrance, full bathroom, and independent living areas - perfect for extended family, guests, or additional living arrangements while maintaining privacy for all occupants.
The bright, airy bedrooms offer peaceful woodland views and access to outdoor decks, ideal for morning coffee or evening relaxation. This exceptional property includes a two-car garage with direct home access, multiple outdoor entertaining spaces with both covered and open decks, and established landscaping with natural stone features.
With plenty of windows to enjoy the changing seasons and a convenient location offering privacy while remaining accessible, this home represents a rare opportunity to own a distinctive woodland retreat that accommodates various lifestyle needs while maintaining a harmonious connection to nature.
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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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Apr 28, 2025 | Listed by Howard Hanna Rand Realty | $649,000 | |
| Listed by Howard Hanna Rand Realty | |||
| Jul 11, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 7, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017