517 Lower Ridge 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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by Century 21 Circa 72 Inc. | $475,000 | |
| Listed by Century 21 Circa 72 Inc. | |||
| Dec 28, 2020 | Sold | ||
| Sold | |||
| Sep 18, 2020 | Listed by BHHS Verani Belmont | $250,000 | |
| Listed by BHHS Verani Belmont | |||
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Looking for a home on a large parcel with over 900 feet of road frontage? This home with 15 acres is for you. Home has over 1600 sq ft of living space, a 1 car garage under and then an additional 3 car detached garage. A great lot for gardening, or for the outdoor enthusiast. Home is being sold as is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017