4 Rolling Hills Drive
About This Property
The inviting slate foyer and hallway lead into a comfortable layout featuring hardwood floors in the dining room, high hats, crown molding, and a cozy den with a wood-burning fireplace. The kitchen offers corian countertops, stainless steel appliances, and convenient access to the washer and dryer. The living room, den, and bedrooms are carpeted, and ceiling fans are located in the den and one bedroom.
Additional features include oil baseboard heating with two zones, central air conditioning upstairs, an above-ground oil tank, 150-amp electric service located in the garage, and a generator hookup with a built-in transfer switch. The partially finished basement provides additional space, storage, a cedar closet and utilities. Attic access is available through the primary bedroom closet, with additional scuttle access from the upstairs hallway.
Outside, enjoy a fenced yard with a patio and paver area, three sheds, and a three-zone in-ground sprinkler system. The property offers plenty of outdoor space and privacy.
The home also features a three-season sunroom along with in-ground pool and garage door opener are not being represented. This home offers a wonderful opportunity to make it your own!!
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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 |
|---|---|---|---|
| Sep 22, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Listed by Exit Realty Island Elite | $600,000 | |
| Listed by Exit Realty Island Elite | |||
Property Highlights
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About Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017