5426 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%.
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 |
|---|---|---|---|
| Aug 16, 2022 | No longer available | - | |
| No longer available | |||
| Jul 19, 2022 | In contract | - | |
| In contract | |||
| Jul 14, 2022 | No longer available | - | |
| No longer available | |||
| Jul 13, 2022 | Listed by Redfin Corp | $469,900 | |
| Listed by Redfin Corp | |||
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Back on the market. BUYER FINANCING FELL THROUGH. PRICED BELOW APPRAISED VALUE!Don't miss this beautiful Ranch home with fully finished-walk out basement. Over an acre of land with NO HOA! Plenty of parking with the extended driveway and 2 car attached garage. Enter the home to a welcoming living space that flows into the eat in kitchen. Enjoy the easy access to your back deck through the sliding glass door. Relax or entertain on the deck or just take in the beautiful scenery. There is an additional partially fenced in area specially for your convenience. Back inside, this home boasts 3 bedrooms and 2 full bathrooms on the main level. The lower level has so many amazing options with a new built-in bar, extra room that is currently used as an office/spare bedroom, full laundry and half bath that could easily be updated to a full bath. Pool table conveys! This extra living space has so many options and direct access outside with another sliding glass door to a patio. This home has everything, don't miss out! The manager has listed the unit size as 2026 square feet.
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| Jun 29, 2022 | Relisted | $475,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017