50
Map
54 Ridge Court
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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 |
|---|---|---|---|
| Dec 3, 2025 | Sold | ||
| Sold | |||
| Oct 19, 2025 | In contract | - | |
| In contract | |||
| Sep 29, 2025 | Price Decreased |
$1,074,900
↓ $25K
(2.3%) | |
| Price Decreased | |||
| Sep 2, 2025 | Listed by Ellingson Properties | $1,099,900 | |
| Listed by Ellingson Properties | |||
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SELLER HAS ASSUMABLE VA MORTGAGE AT 2.75%. Nestled within a secluded oak hammock gated community. Enjoy your own tropical paradise with a private fenced backyard, lush landscaping, and a luxurious heated swimming pool and spa. The outdoor oasis features travertine pavers, a summer kitchen with a built-in gas grill, wet bar, and plenty of space for entertaining. Inside, the main suite boasts hand-scraped hickory floors, a remodeled bath with dual vanities, and a custom walk-in closet. Custom kitchen with granite countertops, wood cabinets, and newer appliances. A hickory staircase leads to a versatile loft with large walk in closet, 2 additional spacious bedrooms feature walk-in closets and an updated guest bathroom. Impact windows and doors in 2022 offering peace of mind for tropical weather. The air-conditioned detached garage is ideal for a workshop, gym, office, or more toys. Community marina. Just seconds to shopping, gyms, dining options and downtown Cocoa Village.
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| Dec 22, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017