5243 Ridgebrook
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 |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Berkshire Hathaway HomeServices MI | $375,000 | |
| Listed by Berkshire Hathaway HomeServices MI | |||
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Welcome to this beautiful colonial home located in the award-winning Portage School District. This stunning 4-bedroom, 2.5-bath residence is the essence of traditional elegance and modern convenience.
Step into the formal living room that exudes charm, complete with a bonus office/den space perfect for working from home or quiet reading. The spacious kitchen features a snack bar and updated cabinetry, seamlessly connecting to the formal dining room where you can enjoy cozy meals by the wood-burning fireplace. Relax in the serene 3-season room, offering picturesque views of the well-landscaped backyard. Upstairs, discover solid oak flooring throughout, leading to four spacious bedrooms including a private primary suite for your comfort and privacy.
This home has been meticulously maintained, with all major mechanical updates completed in the last decade, including furnace, air conditioning, windows, roof, insulation, and more.
Conveniently situated in the heart of Portage, you'll find shopping, restaurants, parks, and entertainment just minutes away. Don't miss your chance to own this exquisite property in a prime location. Schedule a viewing today and make this dream home yours!
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| Aug 12, 2015 | Sold | ||
| Sold | |||
| Mar 26, 2015 | Listed by Berkshire Hathaway HomeServices MI | $199,950 | |
| Listed by Berkshire Hathaway HomeServices MI | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017