5 Clover Ridge
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 |
|---|---|---|---|
| Mar 13, 2026 | Sold | ||
| Sold | |||
| Feb 13, 2026 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Listed by Compass New England, LLC | $799,000 | |
| Listed by Compass New England, LLC | |||
| Jul 30, 2017 | Listed | $549,900 | |
| Listed | |||
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MEREDITH -- TO BE BUILT -- Fantastic opportunity to own in an established neighborhood of quality homes in one of the most sought-after communities in the Lakes Region. Clover Ridge is an 18 lot subdivision in a convenient, scenic Meredith location with easy access to I-93, Route 106 and all area attractions. This open concept Ranch-style home will be built to offer stylish amenities for today's busy lifestyle with the ease of one level living. Hardwood flooring, Master Bedroom with bath, propane fireplace and unfinished walkout lower level with excellent expansion potential to name a few. Construction by local, reputable Inter-Lakes Builders. The manager has listed the unit size as 2100 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017