30
Map
5 Ridgeway Road
About This Property
Move right in to this beautifully renovated 4-bedroom, 2.5-bath Expanded Cape Cod, ideally situated on a quiet dead-end street in the highly sought-after Baxter Estates neighborhood. Set on a landscaped quarter-acre, this sun-drenched home offers the perfect blend of charm, comfort, and modern updates-complete with an in-ground gunite pool for endless summer enjoyment.
The first floor features a spacious living room with a wood-burning fireplace, seamlessly open to the dining area, family room, and updated kitchen. A bright home office and powder room add convenience, while two generous bedrooms and a full bath complete the main level.
Upstairs, you'll find two additional bedrooms, a full bath, and a cedar closet in the hallway. The large, open full basement houses mechanicals, laundry, and abundant storage space.
Special features include: newly refinished hardwood floors throughout, new electrical outlets, recessed lighting, in-ground sprinklers, 200-amp electric service, and a 2-car attached garage.
Located within the Sousa Elementary district and close to parks, shops, and transportation-this is Baxter Estates living at its finest.
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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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Aug 22, 2025 | In contract | - | |
| In contract | |||
| Aug 12, 2025 | Listed by Daniel Gale Sothebys Intl Rlty | $1,285,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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About Port Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017