4701 Ridgeline Drive
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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 |
|---|---|---|---|
| Mar 10, 2023 | Sold | ||
| Sold | |||
| Feb 14, 2023 | Listed by RE/MAX Associates of Mansfield | $289,000 | |
| Listed by RE/MAX Associates of Mansfield | |||
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Charming home on a corner lot in the desirable Overland Estates subdivision. Highly rated, award winning school district including MARTIN HIGH SCHOOL. Vaulted ceilings, new fence, newer windows, new garage door opener, double oven, cedar closets, fresh paint, newer appliances, fireplace with gas logs and more. This home has been well maintained and is nestled in a beautiful established neighborhood with mature trees.
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| Oct 10, 2021 | No longer available | - | |
| No longer available | |||
| Jul 7, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Better Homes & Gardens, Winans | $250,000 | |
| Listed by Better Homes & Gardens, Winans | |||
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Charming home in the desirable Overland Estates subdivision, and on a corner lot! Zoned in an award winning school district including MARTIN HIGH SCHOOL! Vaulted ceilings, newer windows, cedar closets, fresh paint, new appliances and more! This home has been well maintained and is nestled in a beautiful established neighborhood with mature trees. Welcome home! The manager has listed the unit size as 1556 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017