5 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 |
|---|---|---|---|
| Jun 12, 2023 | Sold | ||
| Sold | |||
| Apr 21, 2023 | Listed by The Gove Group Real Estate, LLC | $495,000 | |
| Listed by The Gove Group Real Estate, LLC | |||
| Jul 26, 2019 | Sold | ||
| Sold | |||
| Jun 28, 2019 | Listed by RE/MAX Shoreline | $375,000 | |
| Listed by RE/MAX Shoreline | |||
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What a great home. Brand New state of the art kitchen, with Corrian counter elite appliances including Dble Oven and Gas range, large island, tons of cabinets. Open and airy kitchen new insulated slider with blinds that opens to the deck. First floor bedroom large enough for king size bed, with large buiit in closet, two bedrooms on second floor. Great neighborhood, walk to down town Exeter, shopping or golf. Open House Saturday 10-12
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| Aug 15, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017