471 Ridge Road
About This Property
Located in the heart of Webster, you'll enjoy a friendly community atmosphere with convenient access to local shops, restaurants, Lake Ontario, and numerous parks. Recent updates include a new fridge, washer, and dryer in 2018, as well as granite countertops, a kitchen sink, and in 2024, new microwave, dishwasher, luxury vinyl tile waterproof kitchen flooring, faucets, light fixtures and electrical outlets, bathroom vanity, medicine cabinet, brass shower hardware, LVP enclosed porch flooring, mailbox, and fresh paint. The playset is included with the home.
Come see it in person today and enjoy the beautiful lilacs in bloom! Delayed negotiations until May 22, 2024, at noon.
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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 |
---|---|---|---|
Jul 1, 2024 | Sold | ||
Sold | |||
May 24, 2024 | In contract | - | |
In contract | |||
May 17, 2024 | Listed by Keller Williams Realty Gateway | $159,000 | |
Listed by Keller Williams Realty Gateway | |||
Apr 11, 2018 | Sold to Danielle Fanto | ||
Sold to Danielle Fanto |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/17/2024
| |
2 Bed
|
1 Bath
|
-
|
$159,000
2 Bed
1 Bath
|
$220,000
+38.36%
07/01/2024
|
-
|
Stephanie Ide
Keller Williams Realty Gateway
|
Building Info
