4522 RIDGE DR
About This Property
This home features a brand new upgraded kitchen with new appliances, cabinets, countertops, sink, and a LARGE pantry! On the main floor there is a formal living room and dining room, as well as a screened in sun porch perfect for relaxing. With hardwood floors throughout, upstairs you will find 2 spacious bedrooms, several linen closets, and one full bathroom. The basement features brand new LVP flooring, TONS of closet/storage space, one half bathroom, and a utility room with washer/dryer, and newer hot water heater (2021).
Enjoy the private backyard- perfect for afternoon grilling, fires, or gardening.
Come make this home 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017