40 Ridge 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 |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | Listed by Coldwell Banker Realty | $1,250,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 5, 2019 | No longer available | - | |
| No longer available | |||
| Jul 22, 2019 | Listed | $899,000 | |
| Listed | |||
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Stunning all brick 4+BR, 5.1BA home is surrounded by towering trees on 5 rolling acres in the heart of Barrington Hills. Private yard & views offer a serene setting to enjoy all year long. Full length, 2-story gallery foyer is perfect for the art collector and also adds to the over all flowing floor plan. Large Living Room is highlighted by walls of glass, atrium windows and a brick fireplace. Chic gourmet Kitchen has double SS sinks, double ovens, double dishwashers, large island to host your parties, Thermador cooktop with pot filler & Subzero...truly a cooks delight and also ideally oriented with an open view to the Family Room, Sun Room and Living Room. A large library with tray breadboard ceiling, brick FP and a luxurious MBR Suite with stunning remodeled spa-style Bath complete the first level. Upstairs there are 3 oversized Bedrooms, 3 full baths and a large bonus room, REC, Media room or 5th BR/ensuite. Great location easy access to Metra, schools, town & expressway. The manager has listed the unit size as 7199 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017