43 Ridge Place
About This Property
Family will provide TOT only. ABSOLUTELY no credits or concessions. No representation as to condition. Inspections for informational purposes only. No further clean out. CASH BUYERS ONLY. No escalation clauses considered.
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Cap Rate Calculator
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 4, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by Nelson Realtors | $335,000 | |
| Listed by Nelson Realtors | |||
Property Highlights
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About Downtown Neptune City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017