41 Ridge Drive
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Mar 4, 2024 | Listed by Douglas Elliman Real Estate | $1,098,000 | |
| Listed by Douglas Elliman Real Estate | |||
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PRIME LOCATION IN THE HIGHLY DESIRED WASHINGTON AVENUE AREA OF PLAINVIEW . Fabulous Colonial Perfectly Situated on a Beautiful Cul-De-Sac Street. The Home Features 4 Large Bedrooms On 1 Level & 2.5 Baths. The Primary Room Has a Spacious Walk In Closet & Full Bath, Hardwood Floors, Eat in Kitchen, Dining Room, Living Room, & Den W/ Fireplace & French Doors Leading to ALMOST 1/2 ACRE OF SPECTACULAR PROPERTY, Very Large Partially Finished Basement with Laundry & Storage, Long Driveway & Huge 2 Car Garage, Gas Heating, Gas Cooking, Gas BBQ Hook-up, Central Air Conditioning, Central Vacuum, In Ground Sprinklers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017