41 Ridge Avenue
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 29, 2016 | Sold | ||
| Sold | |||
| May 19, 2016 | Listed by TRG Realty Services | $1,349,000 | |
| Listed by TRG Realty Services | |||
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WATERFRONT – Rare lakeside retreat wrapped around a Peninsula w/ nearly 10 Acres of protected state land. Stunning views of South Lake, the only waterskiing section of Lake Cochituate. Features include chef’s kitchen w/ inset cabinetry, honed granite, SubZero & Décor 48” range; entertainment sized fireside living/room dining; tray ceiling master with large dressing room and 2nd walk-in closet; multi-zone built-in sound system; spacious lower level featuring exercise room and English Pub style game room w/ fireplace & full bath; bonus garage bay for workshop/boathouse; beautiful grounds w/ mahogany deck, 3 seasoned porch w/ screens/glass; putting green, horshoe pit, walking trails & deeded dock. System Features include 2014 roof, foam insulation, underground electrical service, 9 zone sprinklers w/ 2 water meters. Live a New Hampshire lifestyle in a cul-de-sac neighborhood close to great schools, world class shopping and ultimate convenience less than a mile from Rte 9 & Mass Pike.
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| Feb 28, 1990 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017