487 Ridgecrest Drive
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%.
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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | Listed by Atlanta Intown Real Estate Services | $649,900 | |
| Listed by Atlanta Intown Real Estate Services | |||
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Nestled in the heart of Norcross Hills, this fully-renovated brick ranch masterpiece offers a harmonious blend of elegance and functionality. Boasting 4 bedrooms and 3.5 baths, this corner-lot gem welcomes you with a seamless open-concept living space, adorned with pristine new hardwood floors that flow effortlessly into a chef's dream kitchen. Prepare to be captivated by the kitchen's allure, featuring chic shaker cabinets, luxurious quartz countertops, and a mesmerizing marble backsplash. The centerpiece of this culinary haven is the striking white and grey two-toned kitchen island, complemented by an all-new stainless steel appliance package that remains with the home. Retreat to the serene primary bedroom, where relaxation awaits in the elegant spa-like primary bathroom complete with a dual vanity, free-standing soaking tub, and exquisite marble tile accents, with 2 walk in closets, one accessing the laundry room for your convenience! The main level graciously offers three additional bedrooms, each offering its own unique charm. The secondary guest bedroom boasts an elegant en-suite bathroom, while the other two bedrooms share a convenient jack and jill style bathroom.
Step out from the kitchen onto the brand-new back deck and immerse yourself in the tranquil ambiance of the backyard oasis, complete with a picturesque view of the lush landscape and a quaint creek meandering through. Below, an expansive unfinished basement awaits, offering boundless potential for customization as a workshop, storage space, or additional living area.
Conveniently located just a mile away from downtown Norcross and Thrasher Park, with amazing shopping and restaurants, this exceptional residence offers the perfect blend of suburban tranquility and urban convenience. Don't miss the opportunity to make this your forever home!
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| Jul 30, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Nov 9, 2019 | Listed by Maximum One Grt. Atl. REALTORS | $299,900 | |
| Listed by Maximum One Grt. Atl. REALTORS | |||
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Large 4 sided brick ranch home for sale in the hot Norcross Hills Subdivision within walking distance of Historic Norcross. This home offers a large kitchen with dining area, separate family room and living room, full basement, front porch, back deck, and a large laundry room. The home sits on almost a acre corner lot on a quiet street. The home is a fixer upper and will need to be renovated. Must see...nice home, great lot, great area. The manager has listed the unit size as 3926 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017