607 Ridgefield AVENUE
About This Property
NO HOA !!!! ROOM FOR RV OR BOAT PARKING !!
This 4/3 Home is calling your name / COMPLETE WITH TWO MASTER BEBDROMS /
The Carport was converted to a Master bedroom , But no worries , they added a detached garage, added electric and has a window Ac unit plus a side door .(Perfect for a Man Cave or a Teenager retreat. IF you need extra space, the drive way is plenty big to park your RV or Boat.
An additional room was added to the back of the home which is used as a dining- family room combo.
This home has all new carpeting in every bedroom and tile floors everywhere else. Guest bath has been remolded / Roof was replaced with a metal roof in 2014. This home has been given a fresh new paint Job inside and out . All under central air and heat as an added feature, extra separate heater with their own control are located through out the home. This home is wired for security system and the exterior cameras are included in place .
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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 |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Mar 27, 2023 | Listed by OLYMPUS EXECUTIVE REALTY INC | $349,900 | |
| Listed by OLYMPUS EXECUTIVE REALTY INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017