5221 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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$449,900
↓ $30K
(6.3%) | |
| Price Decreased | |||
| Oct 3, 2026 | Price Decreased |
$479,900
↓ $9K
(1.9%) | |
| Price Decreased | |||
| Sep 6, 2026 | Listed by eXp Realty | $489,000 | |
| Listed by eXp Realty | |||
| Aug 5, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 6, 2026 | Listed by eXp Realty | $515,000 | |
| Listed by eXp Realty | |||
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Welcome to this beautifully maintained Sears home on over 3 private acres in the desirable Lakeshore School District! Full of character and thoughtful updates, this one-of-a-kind property features a vaulted living room, cozy family room with a wood-burning fireplace, and oak hardwood floors in the dining room and kitchen. The updated kitchen (2018) offers quartz countertops, abundant cabinetry, pantry, and newer appliances. A spacious 1996 addition created a private primary suite with a walk-in closet and heated bathroom floor. Enjoy the heated sunroom with skylights and new sliding doors, solid 6-panel doors throughout, and a new roof. Outside, relax or entertain on the expansive deck or in the screened gazebo with electricity. The oversized 3-car garage and two-story workshop provide exceptional space for vehicles, hobbies, or storage. This rare property offers the perfect blend of privacy, charm, and modern comfort. Schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017