42 Ritchie Rd
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 |
|---|---|---|---|
| Dec 15, 2014 | Sold | ||
| Sold | |||
| Oct 16, 2014 | Listed by Gibson Sotheby's International Realty | $339,900 | |
| Listed by Gibson Sotheby's International Realty | |||
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Beautiful three bedroom cape in ward 1. This home features a fully updated kitchen with granite counters and new appliances. Family room features cathedral ceilings with skylights and hardwood floors. Basement has wood burning stove that heats first floor helps save on heating bills. Professionally landscaped yard with perennial gardens great for entertaining and sprinkler system with separate meter. Two car oversized garage with plenty of storage. Steps to playground and close to highways and Lynn woods.
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| Aug 16, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017