4921 RIDGEVIEW LANE
About This Property
Abundant natural light fills the bedrooms, enhancing the home's bright, clean aesthetic. The HVAC system, just three years old and professionally serviced twice a year, ensures reliable, efficient climate control year-round.
The large front yard adds to the home's curb appeal, while the private backyard provides a versatile outdoor space-perfect for relaxing, gardening, or hosting casual gatherings. An attached one-car garage offers secure parking and additional storage.
With plenty of room to personalize, this home presents a great opportunity to settle into a well-connected community and create a space that truly reflects your style.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017