5322 Ridgewood Reef
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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.
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 |
|---|---|---|---|
| Dec 10, 2020 | Sold | ||
| Sold | |||
| May 21, 2020 | Listed by Keller Williams Realty | $469,900 | |
| Listed by Keller Williams Realty | |||
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Gorgeous home in prestigious Lakes Of Eldridge. Mature trees welcome you to this property with specular details including custom built-ins and millwork. Updated kitchen with travertine backsplash and farmhouse sink, custom built island, stainless steel appliances including a wine fridge and double oven. The Master retreat offers a bay window overlooking the pool. Beautiful En-suite Master with double vanity,his and her closet, jetted tub and elegant frameless shower with marble tile on the wall and floor. New roof-2015. Gameroom upstairs is a great space with surround sound system. Great size secondary bedrooms. Heated Pool with rocky waterfall includes a removable fence for pets or child protection. 3 car garage. This gated community offers manned gated access 24/7, Clubhouse with swimming pool, tennis court, walking trails and lakes.Village School, AWTY and British School bus stops.
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| Aug 16, 2019 | No longer available | - | |
| No longer available | |||
| Jul 26, 2019 | Price Decreased |
$518,000
↓ $7K
(1.3%) | |
| Price Decreased | |||
| May 2, 2019 | Listed by Keller Williams - Houston Memorial | $525,000 | |
| Listed by Keller Williams - Houston Memorial | |||
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Stately David Powers traditional brick home framed by mature trees. Impressive details including hardwood flooring, custom built-ins and extensive millwork, recent plush carpeting. Updated Kitchen w/ unique details offering function & character, glass-front cabinets, travertine farmhouse sink w/ reclaimed wood cabinet, large custom island, stainless steel appliances, wine fridge & double oven. Peaceful Master Retreat w/vaulted ceiling and views to backyard through bay windows. Luxuriate in the spa-like bath featuring frameless shower & jetted tub. Upstairs entertain in the spacious Game Room, generously sized secondary bedrooms along w/Jack & Jill baths. Spend your summer relaxing in the Pool & Spa w/ rock waterfall. A child safety fence is included. 3 car garage. Roof (2015) Amenity rich neighborhood w/swimming pool, tennis courts, clubhouse, walking trails and lakes. Bus service available to Awty, British and Village Schools. The manager has listed the unit size as 4750 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017