43 Ridge Way
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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Mar 17, 2025 | In contract | - | |
| In contract | |||
| Mar 10, 2025 | Listed | $549,900 | |
| Listed | |||
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This renovated ranch home offers a wide open floor plan with stunning views of Cedar Lake. The interior features fine details such as gunstock hardwood flooring, copper sinks, reclaimed barn doors and a spacious kitchen with an oversized 9'+ island, gas range, and stainless steel appliances. With three propane fireplaces throughout, the home creates a cozy ambiance. Renovations include new siding, electricity, a well, windows, doors, and more. Enjoy the new heat and central air system, plus a hot tub off the primary suite with lake views. Outside, there's a bocce court, mini bar with electrictiy, invisible fence, and patio.The layout is ideal for comfortable living, whether you’re enjoying the serene surroundings or hosting family and friends. This meticulously cared-for home is a must-see! Situated on a quiet dead-end street, this home provides peace and privacy while being just minutes away from major highways, making it a commuter’s dream. Close to the Mass Pike, Rt.84, and Rt. 2
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| Oct 18, 2016 | Sold | ||
| Sold | |||
| Aug 15, 2016 | Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | $120,000 | |
| Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017