55 Ridge Road
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 23, 2025 | Price Decreased |
$620,000
↓ $50K
(7.5%) | |
| Price Decreased | |||
| Apr 4, 2025 | Price Decreased |
$669,900
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Mar 21, 2025 | Listed | $689,900 | |
| Listed | |||
| | |||
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Welcome to your new home in the beautiful town of Hollis! This wonderfully renovated residence boasts two spacious bedrooms along with a versatile bonus room, perfect for a home office, playroom, or guest space. Step inside and be greeted by an abundance of natural light streaming through large windows, creating a warm and inviting atmosphere throughout the open living areas. The first-floor primary bedroom offers convenience and privacy, featuring ample closet space and easy access to the beautifully updated bathroom. The modern kitchen is a chef's delight, equipped with sleek appliances, stylish countertops, and plenty of storage. Enjoy meals in the cozy dining area that seamlessly connects to the living space, perfect for entertaining friends and family. Step outside to discover a private backyard, ideal for outdoor gatherings, gardening, or simply enjoying the fresh air. The driveway wraps around the back of the home to provide essay accessibility to the home. With its prime location in a desirable neighborhood, this home is just minutes away from local parks, schools, and community amenities, making it the perfect place for anyone seeking a blend of comfort and convenience in Hollis, NH. Don’t miss the opportunity to make this charming home yours! Schedule a viewing today and experience all that this delightful property has to offer.
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| Aug 12, 2019 | Sold | ||
| Sold | |||
| May 18, 2019 | Listed by Bean Group / Nashua | $299,900 | |
| Listed by Bean Group / Nashua | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017