4500 RIDGE AVENUE
About This Property
The main level features a stunning, oversized bathroom designed for relaxation, complete with a luxurious soaking tub and a separate, generously sized shower-perfect for unwinding after a long day. The kitchen is a true standout, showcasing stainless steel appliances, granite countertops, and a unique copper sink that adds both charm and character, making it ideal for everyday living and entertaining alike.
Each bedroom is generously sized, offering ample space and abundant natural light to create a warm and welcoming atmosphere.
Adding to its versatility, the home was previously configured as two separate apartments, offering potential for multi-generational living, rental income, or flexible use to suit your needs.
Step outside to your own private retreat-this backyard is truly something special. Enjoy gatherings on the expansive deck equipped with a Sunsetter awning, or relax under the beautiful canopy of flowering vines that create a serene, picturesque setting. A large patio area provides even more space for entertaining, all surrounded by a fully fenced yard with attractive fencing and phenomenal landscaping that enhances the home's curb appeal.
Peace of mind comes with this home, as all major components have been updated within the last 7–10 years, and it also includes a whole-house generator, providing reliable backup power and added convenience year-round.
Completing this incredible property is a two-car garage and a spacious driveway that can comfortably accommodate up to five vehicles.
This home offers the perfect blend of indoor comfort, flexibility, and outdoor beauty-don't miss your opportunity to make it yours.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Sold | ||
| Sold | |||
| Sep 26, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Price Decreased |
$429,900
↓ $100
(0%) | |
| Price Decreased | |||
| Sep 5, 2026 | Price Decreased |
$430,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$439,997
↓ $1
(0%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017