40 Ridgefield 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 |
|---|---|---|---|
| Oct 23, 2018 | Sold | ||
| Sold | |||
| Aug 10, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $515,800 | |
| Listed | |||
| | |||
|
Perfect Mother Daughter In Prestigious Island Estates! Spacious Master Suite On 1st Floor Plus A Second Floor Master Suite! Light And Bright With Lots Of Windows. Soaring Ceilings, Large Private Property! Priced To Sell!
| |||
| May 14, 2018 | Listed by Little Bay Realty Inc | $499,999 | |
| Listed by Little Bay Realty Inc | |||
| Jun 12, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017