54 Ridge Trail
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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 19, 2024 | Listed by DeVries Dolber Realty, LLC | $699,000 | |
| Listed by DeVries Dolber Realty, LLC | |||
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Rare Waterfront Home on Whitin Reservoir, a fully recreational lake 20 mins south of Worcester and an hour from Boston. Homes like this are rare to the market and mostly kept within the family. This turn-key, 2-3 bdrm, year round home has been lovingly remodeled to its excellent condition over the last 9 years. With its open floor plan and over 100ft of private lake frontage, it provides direct access to fishing, swimming, boating, and small watercraft like kayaks/canoes. The 4-car upper and lower level detached garage allows for ample parking & boat storage. Recent updates to the home include butcher block counter tops in the kitchen, updated electric, minisplits for heating/cooling, new Generac generator, electric awning for extra shade, finished basement bedroom and second bathrm, brand new Trek deck, painted siding, new windows, and a permanent Trek dock. Enjoy the coziness of the oversized wood-burning fireplace in the LR. This is a perfect year-round residence or summer retreat!
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| Jun 18, 2015 | Sold | ||
| Sold | |||
| May 14, 2015 | Listed by DeVries Dolber Realty, LLC | $280,000 | |
| Listed by DeVries Dolber Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017