4 Ridgewood Lane
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 |
|---|---|---|---|
| Jul 1, 2019 | Sold | ||
| Sold | |||
| May 24, 2019 | Listed by Compass | $124,900 | |
| Listed by Compass | |||
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Charming updated WATERFRONT cottage on Forest lake ready for summertime living! Sit on your deck and take in the gorgeous lake views or maybe a relaxing boat ride? Great opportunity for an affordable second home with seasonal enjoyment. Pottery barn decor with an open concept main level with a must have enclosed porch for that added lakehouse vibe. Upper level offers more scenic views with 3 bunkhouse style rooms with bedroom furniture included. Knotty pine ceilings, 2 heating and AC units installed last season, vinyl siding and windows make this a turnkey property. Private dock and wooded outdoor space ready for for evening campfires and making memories. Please see firm remarks below for land lease informational. VISIT 1ST OPEN HOUSE SUNDAY MAY 26TH 11AM-1PM.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017