57 Long Ridge Dr
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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by RE/MAX ALLIANCE | $575,000 | |
| Listed by RE/MAX ALLIANCE | |||
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Enjoy awe-inspiring mountain views as your daily backdrop in this desirable location in Bailey! This is a rare opportunity to own an exceptional custom-built 3 bedroom, 3 bathroom, 2332 sq ft home on 3-plus private acres in Burland Ranchettes. With plenty of flexible space, including upper-level office & loft, you have the canvas to craft your vision of the perfect mountain retreat. On the main floor, in addition to the walk-out deck, there is an open living room with Beetle kill wood accent walls, a floor to ceiling stone fireplace plus a bedroom, full bath, and laundry room plus the kitchen and 2 dining areas. Upstairs, there is the large Primary suite with Ensuite 5-piece bathroom and another bedroom and full bath. You will find plentiful storage closets throughout the home including storage under the stairs and an oversized, extra tall, 2 car garage with built-in shelving. Don’t miss the generous crawl space storage area. Ample flat parking on this sunny lot. Savor the must-see panoramic mountain views of Mt. Rosalie and the sounds of Deer Creek below or revel in morning sunrises from your piece of mountain paradise just waiting for your personal touches. Some updates include a new roof in 2021, Pergo flooring, and a pellet stove. Just minutes to Hwy 285 access—the Gateway to many Rocky Mountain resorts and recreational areas. Schedule your tour today and experience all that this home has to offer! For more information, 3D Tour, and photos, please visit: https://cvt.hd.pics/57-Long-Ridge-Dr
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017