31
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509 RIDGES DRIVE
About This Property
Enjoy the privacy of a fully fenced backyard and the added value of a low HOA fee. Modern, spacious, and ready for its next owner-come see all this home has for you
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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 |
|---|---|---|---|
| Sep 27, 2026 | Listed by LPT REALTY, LLC | $299,000 | |
| Listed by LPT REALTY, LLC | |||
| Aug 16, 2026 | Price Decreased |
$299,900
↓ $11K
(3.6%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Decreased |
$311,099
↓ $11K
(3.4%) | |
| Price Decreased | |||
| Apr 7, 2026 | Price Decreased |
$322,000
↓ $8K
(2.4%) | |
| Price Decreased | |||
| Mar 2, 2026 | Listed by LA ROSA REALTY CENTRAL FLORIDA LLC | $330,000 | |
| Listed by LA ROSA REALTY CENTRAL FLORIDA LLC | |||
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Discover the potential in this spacious two-story home offering 2,242 sq ft of living space on a 6,325 sq ft lot, located in the growing and desirable area of Dundee, Florida. ROOF 2026, AC 2026, Electric heating system 2026, All new Appliances, fresh paint,
This home features 4 bedrooms, 2.5 bathrooms, and a versatile bonus room, providing flexibility for a home office, playroom, media room, or additional guest space. The generous layout offers comfortable living areas perfect for both everyday living and entertaining.
With ample bedroom space and multiple gathering areas, this property is ideal for:
A growing family, Entertaining friends and guests, An investment opportunity with strong rental potential
Enjoy the convenience of being just minutes from Highway 27, shopping centers, restaurants, and daily essentials. Plus, you’re approximately 50 minutes from Florida’s beautiful east coast beaches, making weekend getaways easy and accessible.
This home has incredible potential in a fantastic location — don’t miss out on this amazing opportunity to make it yours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017