51 Ridge Rd
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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 |
|---|---|---|---|
| May 28, 2022 | No longer available | - | |
| No longer available | |||
| May 12, 2022 | Listed by KELLER WILLIAMS - NJ METRO GROUP | $549,000 | |
| Listed by KELLER WILLIAMS - NJ METRO GROUP | |||
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Nantucket inspired 2BR.1.1BTH Cape Cod nestled on over an acre in one of Roseland's most desirable neighborhoods! The moment you enter this home you can feel the charm and warmth! Completely renovated kitchen with S/S appliances, white wood cabinetry, granite counters, peninsula island, tiled flooring. Sunlight fills the oversized LR/DR with large picture window overlooking serene backyard. Cozy den with carpets and large windows. Large entry foyer with two ample size coat closets and powder room. Second floor bedrooms with wood flooring and large, oversized hallway closet for storage. Main bath with pedestal sink and wainscotting. New Roof (2021), W/D(2014), HWH(2010), Furnace((2017). Huge unfinished basement with rec room amd separate area for laundry and utility rooms. Attached garage accessed through exterior rear garage door. Chimney, flue and fireplace in "as is" condition. Garage door in "as is" condition. Conveniently located near schools, shopping, major highways and NYC transportation! ENDLESS EXPANSION POSSIBILITIES!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017