542 Ledge Rd
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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Keller Williams Elite | $1,199,000 | |
| Listed by Keller Williams Elite | |||
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Nestled on over 7 private wooded acres, this beautifully renovated Colonial offers an exceptional blend of luxury & functionality. The open floor plan with a formal living & dining room features elegant wainscoting & crown molding. Enjoy the cozy family room w/ vaulted ceilings and a gas fireplace, or entertain in the expansive great room w/ a wet bar & sliders leading to a massive deck and outdoor kitchen. The kitchen boasts updated SS appliances, granite countertops, large center island & pantry. The master suite features a custom-tiled glass shower & walk-in closet, while three additional spacious bedrooms share a remodeled bath. The newly added townhouse-style in-law suite includes a bedroom, living area, full kitchen, finished basement & its own oversized garage. Completely renovated from top to bottom, this home also features a generator, 11 zone irrigation system, custom closets & an extensive landscaping overhaul w/ a custom campground area. This property is truly a must-see!
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| Nov 4, 2016 | Sold | ||
| Sold | |||
| Jun 25, 2016 | Listed by Keller Williams Elite | $649,900 | |
| Listed by Keller Williams Elite | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017