427 & 429 RIDGEWAY ST
About This Property
427 RIDGEWAY STREET
429 RIDGEWAY STREET
129 ATLANTIC STREET
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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 |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Feb 3, 2023 | Listed by World Net Realty/SJ | $67,900 | |
| Listed by World Net Realty/SJ | |||
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Feb 15, 2021 | Listed by RE/MAX Preferred - Sewell | $25,000 | |
| Listed by RE/MAX Preferred - Sewell | |||
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Looking for new construction? A great opportunity presents itself with these two lots for you to create your dream home. Design your plans, pick your features, have everything brand new. Walking distance to the local schools, several shops, Proprietor's Park, Gloucester City Marina and many neighborhood restaurants. There's possibilities for multiple houses OR your dream home. A wonderful location for those commuting to Philadelphia and needing highway access without competing with its noises while home. They can be purchased along with 129 Atlantic Ave (see additional listing for that property)
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About Gloucester City
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$1,850 /mo
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017