41056 Ridgegate
About This Property
The first floor boasts crown molding throughout, lending an elegant touch, while the flooring has been completely updated for a cohesive, modern look. The man cave is a standout feature, with a new window, lighting, custom paint, and French double doors equipped with built-in blinds and automatic blackout shades, providing a private retreat. The in-law master, currently used as a gym, offers flexibility and privacy. The backyard is a true oasis, with a $75,000 transformation completed in 2021. An in-ground pool and spa serve as the centerpiece, complemented by paved RV access with a custom gate, a basketball court, and a beautifully landscaped beach area with palm trees and plants. Entertainment is made easy with a patio featuring TV hookups, fans, and fixed lighting on a timer. Practical additions include extensive cement work around the front and back of the house, a dedicated dog run with a custom insulated dog house featuring an air/heater splitter, and a 10x10 insulated cat shed also equipped with climate control. For added convenience, the home includes an RV 30-amp hookup, a raised cinder block wall for enhanced privacy, and a new HVAC system alongside upstairs air/heating splitters. A new water heater and numerous other upgrades bring the total enhancements to over $172,000, offering a truly move-in-ready home designed for modern living and entertaining.
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 1, 2026 | Listed by Real Brokerage Technologies, Inc. | $749,990 | |
| Listed by Real Brokerage Technologies, Inc. | |||
| Aug 17, 2019 | No longer available | - | |
| No longer available | |||
| Jul 26, 2019 | No longer available | - | |
| No longer available | |||
| Jul 23, 2019 | Listed | $475,000 | |
| Listed | |||
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Prime Westside Location in the Heart of Renaissance Gated Community!/Lots of Parking - Entertainer's Dream Home!/2-Story/Built in 1989/Tile Roof/3-Car Garage/Roll-up Doors with Windows PLUS Pass-Thru Door!/13-Foot Wide RV Access!/Awesome Layout with RARE 2nd Master Suite Downstairs with FULL Bath!/High LR Ceiling/Double Fireplace/Formal Dining Room/E-Z Vinyl Wood Grain Flooring!/Custom 2-Tone Interior Paint/Kitchen has Refinished Cabinets/Tile Counters/Garden Window/Huge Family Room with Fireplace!/Large Wet Bar with Deep Sink/Custom Shelves - Glass Racks!/4 BRs Upstairs/Main Master has Giant Walk-in Closet/Double Sinks PLUS Custom Over-Sized ''Rain Forest'' Shower!/Indoor Laundry/2 Sliders to Rear/Covered Patio/Huge AG Pool and Matching Wood Deck!/ 2 Tuff Sheds!/Block Walls/20,000 SF Lot! The manager has listed the unit size as 2906 square feet.
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| Jun 28, 2019 | Price Decreased |
$475,000
↓ $15K
(3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017