5 Ridgewood Road
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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Jan 25, 2025 | Listed by Coldwell Banker Realty - Worcester | $433,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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Fabulous First Time Buyer or Downsizer Home in a fantastic Holden neighborhood setting! This lovely 3 bedroom, 1 bath ranch is complete with an updated kitchen and bath, hardwood flooring throughout, finished basement space, large level corner lot and lots of updates, including: new heating and hot water system (2023), rebuilt chimney 2021, new mini-split unit 2021! Nice location with easy access to Rts 190/290 and close to the center of town. Enjoy all the amenties in this home as well as the amenities in town including shopping, breweries, parks, rail trails, town pool and more! No More Showings.
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| Mar 12, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | Listed by Coldwell Banker Realty - Worcester | $345,900 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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Address: 335 Madison Avenue, New York, NY 10017