4785 Nolans Ridge
About This Property
Fantastic opportunity to own a 4-sides brick, 5-bedroom, 4.5-bath home with a full basement in a sought-after 55-acre lake community!
The impressive 2-story foyer with hardwood floors opens to a formal dining room, also with hardwoods. The soaring 2-story great room features a cozy fireplace and custom windows overlooking the private backyard. The vaulted gourmet kitchen is a chef's delight with granite countertops, high-end stainless-steel appliances, a breakfast bar, and a sunny breakfast nook. The adjoining vaulted keeping room offers a second fireplace.
The main-level primary suite boasts a tray ceiling, a wall of windows, and a large walk-in closet with built-ins. The spa-like primary bath includes dual vanities, a tile shower, and a jetted tub. Upstairs you'll find three spacious bedrooms and two additional full baths.
The finished terrace level offers a 5th bedroom and full bath, a large rec room with a wet bar, and ample unfinished storage space.
Step outside to your own backyard paradise featuring a covered patio, expanded firepit area, a tranquil waterfall and koi pond, and professionally landscaped gardens. Seller has committed to filing the top pond art back of the lot with a rock patio.
Located in a vibrant lake community with swimming pools, tennis courts, a party pavilion, playground, and community dock. This home is a true must-see!
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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 |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Price Decreased |
$625,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Sep 28, 2025 | Relisted | $629,900 | |
| Relisted | |||
| Sep 24, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017