505 Lake Ridge Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 20, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by Ultima Real Estate | $284,900 | |
| Listed by Ultima Real Estate | |||
| | |||
|
Amazing 4 bedroom 3 full bath fully remodeled home with a swimming pool. Granite countertops in all baths and Kitchen, Master and Hallway bath are with dual sink and brand new cabinets. Contemporary style tiles installed in all 3 bathrooms and kitchen backsplash. Ceiling fans in all bedrooms. No Carpet. Laminate flooring throughout the house. Swimming pool with Polaris cleaning system. Mirror and shower doors are ordered and will be installed soon. Landscaping will be completed this week with metal edging for the flowerbeds, red mulch and shrubs.
| |||
| Feb 7, 2020 | Sold | ||
| Sold | |||
| Dec 12, 2019 | Listed by Texas Property Shop | $203,000 | |
| Listed by Texas Property Shop | |||
| Jul 5, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017