48
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596 Maple Ridge Circle
About This Property
Residents of Grace Ridge enjoy community amenities including a swimming pool, clubhouse, and recreational courts, all conveniently located just minutes from I-85, providing easy access for commuting, shopping, and dining while maintaining a peaceful neighborhood setting.
This 3-bedroom, 3-bath home has been significantly reimagined with two major additions completed in 2023, expanding both functional living and private retreat spaces. The home now offers a flexible and refined layout designed for today's lifestyle, including a reconfigured office space with hallway access to a newly created luxury en-suite, as well as a formal dining room addition with French doors, built-in kitchenette, and direct access to the outdoor living areas.
The interior features a fully redesigned kitchen with granite countertops, farmhouse sink, and upgraded LG stainless steel appliances. Flooring has been completely converted to no-carpet living, featuring premium 3/4" wide-plank white oak tongue-and-groove flooring and tile throughout. The great room is enhanced with custom built-ins flanking a gas fireplace, a granite surround with shiplap accent wall, and a vented gas fireplace system. The owner's suite delivers a spa-like experience with an engineered tray ceiling, oversized tiled shower with dual shower heads, built-in bench, and dual niches. Custom closet systems and built-in cabinetry with natural wood finishes elevate storage and functionality across the home.
Exterior improvements are equally impressive, beginning with a full replacement of siding using vinyl lap and board & batten materials, complemented by architectural stone veneer accents. Outdoor living has been elevated with a rebuilt front porch featuring TimberTech composite flooring and a stained tongue-and-groove wood ceiling, as well as a fully replaced and expanded rear deck with Trex decking and railing systems.
The multi-level outdoor design includes a vinyl pergola, a cantilevered 9'x9' umbrella system, dedicated outdoor TV setup, and a natural gas line for grilling convenience. The under-deck area is enclosed with PVC skirting for a clean, finished appearance. Additional exterior upgrades include LeafFilter gutter protection, a new mahogany double entry door, smart keyless entry systems on all exterior doors, and privacy-integrated window door features.
A new 10'x20' detached storage building adds valuable utility space, while mechanical updates include a recently installed heat pump with natural gas backup and professionally maintained septic system.
Blending durability, design, and livability, this property offers a rare opportunity to own a completely re-envisioned home with exceptional indoor and outdoor living spaces in one of Salisbury's most amenity-rich communities.
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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 28, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Price Decreased |
$529,500
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$539,500
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jun 15, 2026 | Listed by TMR Realty, Inc. | $549,500 | |
| Listed by TMR Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017