48 Ridgewood Crossing #48
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by Compass | $1,299,000 | |
| Listed by Compass | |||
| Jun 16, 2011 | Sold | ||
| Sold | |||
| Oct 27, 2009 | Listed by Coldwell Banker Realty - Hingham | $659,000 | |
| Listed by Coldwell Banker Realty - Hingham | |||
| | |||
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Ridgewood Crossing's Cushing offers one-one/half story of living w/close to 1,900 s.f. Centrally located the property is situated on 39 wooded acres w/31 single family style condo homes. Over 70% have been sold with 8 still available. The home offers a covered entry, rear deck, 2-car attached garage, First floor master bedroom suite, gourmet kitchen, great room w/gas fireplace, laundry, guest room, hardwood & tile floors, a full basement. Prefer a different style? Choose from 6!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/16/2025
|
3 Bed
|
2 Bath
|
2408 ft²
|
$1,299,000
3 Bed
2 Bath
2408 ft²
|
$1,250,000
-3.77%
08/25/2025
|
Lauren Mahoney
Compass
| |
|
10/27/2009
|
2 Bed
|
3 Bath
|
1896 ft²
|
$659,000
2 Bed
3 Bath
1896 ft²
|
$724,500
+9.94%
06/16/2011
|
Clare Garrity
Coldwell Banker Realty - Hingham
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017