5415 RIDGE ROAD
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%.
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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 |
|---|---|---|---|
| Nov 10, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Listed by Northrop Realty | $375,000 | |
| Listed by Northrop Realty | |||
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This charming three bedroom, one-and-a-half-bathroom home is perfectly situated on a 0.63-acre wooded lot, offering both privacy and a serene connection to nature. A long driveway and beautifully maintained landscaping create a welcoming first impression. Inside, a bright foyer leads through French doors into a sunlit living room, adorned with crown molding and built-ins. The dining area, accented with elegant chair railing, flows seamlessly into a kitchen with ample counter space and direct access to a spacious rear deck. Perfect for entertaining, the deck features a relaxing hot tub and overlooks a large, fully fenced backyard, which also includes a shed with electricity. A cozy family room provides a warm retreat, highlighted by a wood stove set against a charming brick wall. The main level is completed by a convenient half bathroom. Upstairs, all three bedrooms feature new carpet and share a full bathroom with a tub-shower combination. The lower level offers generous storage, coal stove and laundry. Recent updates include new ceiling fans, fresh paint, new carpet and flooring, a water heater replaced just one year ago, new landscaping, a concrete-covered carport, and a UV water filtration system, making this home move-in ready and thoughtfully maintained.
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| Jun 7, 2017 | Sold | ||
| Sold | |||
| Apr 26, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017