4041 Ridgeline Dr
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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | Listed by C3 Real Estate Solutions, LLC | $1,495,000 | |
| Listed by C3 Real Estate Solutions, LLC | |||
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A Rare find - Custom contemporary with a View and a Courtyard backing to open space. 3 car, fenced yard, 4 bedrooms, 4 baths, walk out lower level, open floor plan. A beautiful home in a very special setting. Enjoy golf, salt water pool, pickle ball, tennis, walking trails, fishing, and a 5 star restaurant with events center. This home has it all---just the right size in a great location.
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| Jul 5, 2016 | Sold | ||
| Sold | |||
| Apr 8, 2015 | Listed by RE/MAX Alliance-FTC South | $794,886 | |
| Listed by RE/MAX Alliance-FTC South | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017