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55 Ridgecrest
About This Property
This open concept is perfect for entertaining inside and out. Showcasing the heated salt water infinity pool. The home has walls of glass
connecting you to stunning views. High quality materials and craftsmanship is apparent throughout. Gourmet kitchen 6 burner stove, double
oven, microwave, Solid wood cabinets, high end appliances, custom front door. Spray-foam installation, generator, outdoor kitchen on sundeck. Additional Information: ParkingFeatures:3 Car Attached,
Architectural renderings have been thoughtfully created to scale to illustrate potential design concepts and showcase the home's aesthetic and functional possibilities.
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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 |
|---|---|---|---|
| Aug 1, 2026 | Price Decreased |
$1,500,000
↓ $500K
(25%) | |
| Price Decreased | |||
| Mar 17, 2026 | Price Increased |
$2,000,000
↑ $200K
(11.1%) | |
| Price Increased | |||
| Mar 13, 2026 | Price Decreased |
$1,800,000
↓ $400K
(18.2%) | |
| Price Decreased | |||
| Mar 13, 2026 | Relisted | $2,200,000 | |
| Relisted | |||
| Feb 26, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017