523 W RIDGE LOOP ROAD
About This Property
Upstairs, you'll find three comfortable bedrooms that share a full bathroom with a convenient tub/shower combo.
The fully finished walkout basement - also with brand-new LVP flooring- offers even more living space, complete with a cozy wood stove and an additional bathroom featuring a stand-up shower.
Additional highlights include a large backyard backing the woods, two storage sheds for all your extra gear and tools, new windows in 2020, and an HVAC that was also replaced in 2019. Located just minutes from shopping and everyday conveniences, this property is a perfect blend of comfort, space, and accessibility. Don't miss your chance to make this charming home yours!
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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 29, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Listed by Dandridge Realty Group, LLC | $240,000 | |
| Listed by Dandridge Realty Group, LLC | |||
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Welcome to 523 W Ridge Loop Rd, nestled in the desirable neighborhood of Sunrise Summit. Step inside to a spacious and inviting living room, featuring brand-new LVP flooring that flows seamlessly into the bright and functional kitchen—perfect for both everyday living and entertaining. Just off the kitchen, enjoy easy access to the back deck, ideal for morning coffee or evening relaxation.
Upstairs, you’ll find three comfortable bedrooms that share a full bathroom with a convenient tub/shower combo.
The fully finished walkout basement - also with brand-new LVP flooring- offers even more living space, complete with a cozy wood stove and an additional bathroom featuring a stand-up shower.
Additional highlights include a large backyard backing the woods, two storage sheds for all your extra gear and tools, new windows in 2020, and an HVAC that was also replaced in 2019. Located just minutes from shopping and everyday conveniences, this property is a perfect blend of comfort, space, and accessibility. Don’t miss your chance to make this charming home yours!
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| Jun 15, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017