5 Deer Ridge Lane
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 |
|---|---|---|---|
| Jun 15, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | Listed by RE/MAX Shoreline | $650,000 | |
| Listed by RE/MAX Shoreline | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 26, 2020 | In contract | - | |
| In contract | |||
| Aug 23, 2020 | Listed | $479,900 | |
| Listed | |||
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New Construction in a new ideally located 11 lot subdivision. The home sites are nestled against 84 acres of wooded conservation land which was deeded to the Kittery Land Trust as part of the subdivision approval. The subdivision offers wooded tranquility and modest amount of individual privacy with easy access to the highway, shopping and all that Kittery has to offer. Construction of this home is well underway and is available for occupancy inside of 90 days. The custom bungalow offers an open concept with 3 generous sized bedrooms, 2.5 baths and a first floor den/study ideal for work from home situations. The lot is wooded with oak trees and is accented by a stone wall. The home is finished with hardwood , white shaker maple cabinets, gas fireplace, two zones central air conditioning, granite tops and stainless steel appliances. Other homes available and ready within 90 days.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017