4719 RIDGE ROAD
About This Property
The 4 bedroom, 2.5 bath home includes a fireplace, rear deck, patio, and solar panels to help reduce electricity costs. A 50' x 36' outbuilding with a concrete floor and updated electrical provides excellent space for tractors, hay, vehicles, storage, hobbies, or a workshop. New roofs and gutters were installed on both the home and main barn in 2022, along with a new well pump for the house.
The home does need some TLC and repairs and is being sold as is as part of an estate settlement, but for someone looking for substantial acreage, established farm infrastructure, and the opportunity to make a property truly their own, 4719 Ridge Road has a lot to offer.
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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 12, 2026 | Price Decreased |
$950,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
| Sep 1, 2026 | Listed by Main Street Realty Company | $975,000 | |
| Listed by Main Street Realty Company | |||
| Jun 24, 1988 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017