424 Ringgold Street
About This Property
Located near schools, close to Metro North train station for easy one hour commute to Grand Central Station. Enjoy the Hudson River at Riverfront Park. Blocks from Depew Park where you can enjoy swimming, tennis and hike the trails of Blue Mountain Reserve. Peekskill is known for it's arts community, restaurants, coffee shops, music and festivals. Taxes do not reflect Star deduction of $2061. Additional Information: Amenities:Storage,
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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 21, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2021 | In contract | - | |
| In contract | |||
| Oct 14, 2021 | Listed by BHHS River Towns Real Estate | $439,000 | |
| Listed by BHHS River Towns Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017