5256 Ridan Way
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 7, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $624,450 | |
| Listed | |||
| | |||
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Spectacular 4 bed/2bath/2car garage residence crowning a corner parcel w/ lush & mature landscaping amidst mansions and large estates. Enjoy refreshing moments this summer in your own backyard oasis replete w/pool, lounge area & screened sun-room off the kitchen. Retreat to your own private spa tucked away in your owners suite. Share priceless memories w/ family & friends overlooking the pool or reclining by the fireplace as you savor the world fare prepared from your chef's kitchen complete w/ new stove & double wall ovens. This Florida friendly residence has solid surface flooring throughout, boasts new mechanicals, concrete tile roof & 8 exterior infra-red security cameras connected to a High Def. digital recorder w/ monitor for secure, maintenance-free living (mobile phone app capable to view system from anywhere!). Come see for yourself, family, or friends! The manager has listed the unit size as 2324 square feet.
| |||
| Apr 26, 2018 | Sold | ||
| Sold | |||
| Feb 28, 2018 | Listed by Keller Williams Realty/P B | $629,800 | |
| Listed by Keller Williams Realty/P B | |||
| May 29, 1996 | Sold | ||
| Sold | |||
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About Horseshoe Acres
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017