580 Ridge 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 |
|---|---|---|---|
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | In contract | - | |
| In contract | |||
| May 31, 2023 | Listed by Executive Real Estate, Inc. | $199,900 | |
| Listed by Executive Real Estate, Inc. | |||
| Nov 21, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 13, 2022 | Listed by Executive Real Estate, Inc. | $250,000 | |
| Listed by Executive Real Estate, Inc. | |||
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Looking to live on the most sought after street in town? Here is your chance to build your dream house on this gorgeous 2+ acre lot with seasonal views of the valley and located just a few minutes from the center of town. This lot has been perced and septic design will be included. Walk this property and come see this rare find today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017